I 
117TH CONGRESS 
1ST SESSION H. R. 3869 
To amend the Congressional Budget and Impoundment Control Act of 1974 
to provide for cost estimates of major legislation, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 14, 2021 
Mr. HERN (for himself, Mr. NORMAN, Mr. DAVIDSON, Mr. JOYCE of Pennsyl-
vania, Mr. MULLIN, and Mr. BANKS) introduced the following bill; which 
was referred to the Committee on Rules, and in addition to the Com-
mittee on the Budget, for a period to be subsequently determined by the 
Speaker, in each case for consideration of such provisions as fall within 
the jurisdiction of the committee concerned 
A BILL 
To amend the Congressional Budget and Impoundment Con-
trol Act of 1974 to provide for cost estimates of major 
legislation, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Pro-Growth Budgeting 
Act’’. 
SEC. 2. ESTIMATES OF MAJOR LEGISLATION. 
(a) SENSE OF CONGRESS.—It is the sense of Con-
gress that increasing the debt of the Federal Government 
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is a drag on economic output over the long run, and that 
transparency with regard to the methodology and assump-
tions made by the Congressional Budget Office and the 
Joint Committee on Taxation in providing estimates for 
spending and revenue legislation will always benefit the 
taxpayers whose monies Congress is entrusted. 
(b) ESTIMATES OF MAJOR LEGISLATION.—Part A of 
the Congressional Budget and Impoundment Control Act 
1974 is amended by adding at the end the following new 
section: 
‘‘ESTIMATES OF MAJOR LEGISLATION 
‘‘SEC. 407. (a) CBO COST ESTIMATES.—An estimate 
provided by the Congressional Budget Office under section 
402 for any major legislation shall, to the extent prac-
ticable, incorporate the budgetary effects of changes in 
economic output, employment, capital stock, tax revenues, 
the sources of financing new outlays, the total debt of the 
Federal Government, international trade, international 
capital flows, and other macroeconomic variables resulting 
from such legislation. 
‘‘(b) JCT COST ESTIMATES.—An estimate provided 
by the Joint Committee on Taxation to the Director of 
the Congressional Budget Office under section 201(f) for 
any major legislation shall, to the extent practicable, incor-
porate the budgetary effects of changes in economic out-
put, employment, capital stock, tax revenues, the sources 
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of financing new outlays, the total debt of the Federal 
Government, international trade, international capital 
flows, and other macroeconomic variables resulting from 
such legislation. 
‘‘(c) CONTENT
OF ESTIMATES.—An estimate re-
ferred to in this section shall, to the extent practicable, 
include— 
‘‘(1) a qualitative assessment of the budgetary 
effects (including macroeconomic variables described 
in subsections (a) and (b)) of such legislation in the 
20-fiscal year period beginning after the last fiscal 
year of the most recently agreed to concurrent reso-
lution on the budget that set forth appropriate levels 
required by section 301; and 
‘‘(2) an identification of the critical assump-
tions and the source of data underlying that esti-
mate. 
‘‘(d) DEFINITIONS.—In this section— 
‘‘(1) the term ‘major legislation’ means any bill 
or joint resolution— 
‘‘(A) for which an estimate is required to 
be prepared pursuant to section 402 and that 
causes a gross budgetary effect (before incor-
porating macroeconomic effects) in any fiscal 
year over the years of the most recently agreed 
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to concurrent resolution on the budget equal to 
or greater than 0.25 percent of the current pro-
jected gross domestic product of the United 
States for that fiscal year; or 
‘‘(B) designated as such by the chair or 
ranking member of the Committee on the 
Budget for all direct spending legislation other 
than revenue legislation or the Member who is 
chair or vice chair, as applicable, of the Joint 
Committee on Taxation for revenue legislation; 
and 
‘‘(2) the term ‘budgetary effects’ means 
changes in revenues, outlays, and deficits.’’. 
(c) CLERICAL AMENDMENT.—The table of contents 
set forth in section 1(b) of the Congressional Budget and 
Impoundment Control Act of 1974 (2 U.S.C. 621 note) 
is amended by inserting after the item relating to section 
406 the following new item: 
‘‘407. Estimates of major legislation.’’. 
Æ 
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