Require Congressional Budget Office and Joint Committee on Taxation estimates to include costs related to servicing the public debt.

Mr. Cloud (for himself, Mr. Meuser, Mr. Case, Mr. McClintock, Mr. Golden of Maine, Ms. Perez, Mr. Grothman, Mr. McCormick, Mr. Norman, Mr. Rouzer, Mr. Huizenga, Mr. Weber of Texas, Mr. Obernolte, Mr. Edwards, Mr. Collins, Mr. Carter of Georgia, Mr. Moore of North Carolina, Mr. Cline, Mr. Davidson, Mr. Moore of Utah, and Mr. Begich) introduced the following bill; which was referred to the Committee on Rules, and in addition to the Committee 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 Bill Number H.R. 10327 Bill Version Introduced in House (IH) Short Title Cost Estimates Improvement Act Full Title To amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes.

McCormick cosponsored H.R. 10327, the Cost Estimates Improvement Act, which would amend the Congressional Budget Act of 1974 so CBO and JCT estimates include debt service costs.

H.R. 10327 (IH) - Cost Estimates Improvement Act - BILLS-119hr10327ih | Content Details | GovInfo
primary · other · model gpt-5.5

unverified · Source version 54391 · locator unknown

"shall include, to the extent practicable, the costs (if any) of servicing the public debt"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): GovInfo shows H.R. 10327, the Cost Estimates Improvement Act, was introduced on September 10, 2026; Richard McCormick is listed among the cosponsors, and the bill was referred to the House Rules and Budget Committees rather than enacted.

unresolved same_term A for effort

H.R. 10327 (IH) - Cost Estimates Improvement Act - BILLS-119hr10327ih | Content Details | GovInfo
primary · model gpt-5.5 · confidence 94%

unverified · Source version 54393 · locator unknown

"cost estimates do not typically account for the cost of servicing the additional federal debt"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): CBO’s 2026 official answer confirms that, absent further direction, standard CBO cost estimates still generally do not include debt-service costs; this indicates the promised requirement had not yet been fully delivered.

unresolved same_term

Congressional Budget Office - Answers to Questions for the Record Following a Hearing on Oversight of the Congressional Budget Office
secondary · model gpt-5.5 · confidence 91%

unverified · Source version 67256 · locator unknown

"cost estimates do not typically account for the cost of servicing the additional federal debt"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): CBO's current FAQ still describes debt-service effects as generally excluded from standard cost estimates, indicating the promised requirement has not been implemented as of this refresh.

unresolved same_term

Frequently Asked Questions | Congressional Budget Office
secondary · model gpt-5.5 · confidence 90%

unverified · Source version 67258 · locator unknown

"servicing the public debt, and for other purposes; to the Committee on Rules, and in addition to the Committee on the Budget"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The Congressional Record shows H.R. 10327 was introduced with McCormick listed among supporters and referred to House committees, documenting effort but not enactment.

unresolved same_term A for effort

CREC-2026-09-10-pt1-PgH5531.pdf
secondary · model gpt-5.5 · confidence 93%