To require the Congressional Budget Office to include macroeconomic feedback scoring of tax legislation.

SA 154. Mr. PORTMAN submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 8, setting forth the
congressional budget for the United States Government for fiscal year
2014, revising the appropriate budgetary levels for fiscal year 2013,
and setting forth the appropriate budgetary levels for fiscal years
2015 through 2023; which was ordered to lie on the table; as follows:

At the end of subtitle B of title IV, add the following:

SEC. 4__. CONGRESSIONAL BUDGET OFFICE ESTIMATES.

(a) Request for Supplemental Estimates.--In the case of any
legislative provision to which this section applies, the
Congressional Budget Office, with the assistance of the Joint
Committee on Taxation, shall prepare, to the extent
practicable, as a supplement to the cost estimate for
legislation affecting revenues, an estimate of the revenue
changes in connection with such provision that incorporates
the macroeconomic effects of the policy being analyzed. Any
macroeconomic impact statement under the preceding sentence
shall be accompanied by a written statement fully disclosing
the economic, technical, and behavioral assumptions that were
made in producing--
(1) such estimate; and
(2) the conventional estimate in connection with such
provision.
(b) Legislative Provisions to Which This Section Applies.--
This section shall apply to any legislative provision--
(1) which proposes a change or changes to law that the
Congressional Budget Office determines, pursuant to a
conventional fiscal estimate, has a revenue impact in excess
of $5,000,000,000 in any fiscal year; or
(2) with respect to which the chair or ranking member of
the Committee on the Budget of either the Senate or the House
of Representatives has requested an estimate described in
subsection (a).
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