Adding Debt-Service Effects to CBO’s Cost Estimates
Report
In many cases, adding debt-service effects to CBO’s cost estimates would be feasible. Any change to incorporate such effects into cost estimates, and how they would be presented, would be subject to review by the Budget Committees.
In its report on the fiscal year 2024 appropriation bill for the legislative branch, the House Committee on Appropriations requested information from the Congressional Budget Office about the impacts of adding debt-service effects to CBO’s cost estimates. This report, prepared in coordination with the staff of the Joint Committee on Taxation, provides that information.