I 
111TH CONGRESS 
2D SESSION 
H. R. 4943 
To require the Internal Revenue Service to include in the Form 1040 instruc-
tion booklet information relating to Federal Government revenues, spend-
ing, and public debt. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 25, 2010 
Mr. MCCARTHY of California (for himself, Mr. CANTOR, Mr. CAMP, Mr. RYAN 
of Wisconsin, and Mr. BRADY of Texas) introduced the following bill; 
which was referred to the Committee on Ways and Means 
A BILL 
To require the Internal Revenue Service to include in the 
Form 1040 instruction booklet information relating to 
Federal Government revenues, spending, and public debt. 
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 ‘‘Informed Taxpayers’ 
Federal Government Annual Reporting Act of 2010’’. 
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SEC. 2. ANNUAL FEDERAL GOVERNMENT FINANCIAL IN-
FORMATION INCLUDED IN FORM 1040 IN-
STRUCTIONS. 
(a) IN GENERAL.—The Secretary of the Treasury 
shall prepare the report described in subsection (b) for 
each fiscal year and include such report in any published 
instructions for filling out the return of tax imposed on 
individuals by chapter 1 of the Internal Revenue Code of 
1986 for the taxable years beginning during the fiscal year 
to which the report relates. 
(b) REPORT.— 
(1) IN GENERAL.—The report described in this 
subsection shall contain the following: 
(A) A division containing the summary de-
scribed in paragraph (2), entitled ‘‘Current 
Federal Government Finances’’. 
(B) A division containing the summary de-
scribed in paragraph (4), entitled ‘‘Federal 
Government Finances & You’’. 
(C) A division containing the summary de-
scribed in paragraph (3), entitled ‘‘Projected 
Federal Government Finances’’. 
(2) CURRENT
FEDERAL
GOVERNMENT
FI-
NANCES.—The summary described in this paragraph 
shall contain the following information: 
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(B) BASED
ON
CBO
ESTIMATES.—The 
summary described in subparagraph (A) shall 
be based on the baseline and estimates supplied 
by the Congressional Budget Office, consistent 
with Section 257 of the Balance Budget and 
Emergency Deficit Control Act of 1985, in-
cluded in the most recent Budget and Economic 
Outlook Report or Update or any successor doc-
ument prepared by the Congressional Budget 
Office. 
(c) OTHER REQUIREMENTS.—The report required 
under this section shall be written in a manner calculated 
to be understood by the average person and shall be 
prominently displayed— 
(1) near the beginning of any published instruc-
tions for filling out the return of tax imposed on in-
dividuals by chapter 1 of the Internal Revenue Code 
of 1986, and 
(2) on the homepage of the Internal Revenue 
Service Web site. 
Æ 
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