To require fuller reporting on possible costs to taxpayers of any budget submitted by the President.

1. Adds SEC. 5__. TO REQUIRE FULLER REPORTING ON POSSIBLE COSTS TO TAXPAYERS OF ANY BUDGET SUBMITTED BY THE PRESIDENT at the end of title V

   Adds a section

   In S.Con.Res. 8 · Placed on Calendar Senate

   When the Congressional Budget Office releases its annual update to the Budget and Economic Outlook, the Congressional Budget Office shall provide an analysis of the budgetary effects of 30 percent, 50 percent, and 100 percent of Americans losing employer sponsored health insurance and accessing coverage through Federal or State exchanges.

   Inserted: SEC. 5__. TO REQUIRE FULLER REPORTING ON POSSIBLE COSTS TO TAXPAYERS OF ANY BUDGET SUBMITTED BY THE PRESIDENT.

   Inserted: When the Congressional Budget Office submits its report to Congress relating to a budget submitted by the President for a fiscal year under section 1105 of title 31, United States Code, such report shall contain--

   Inserted: (1) an estimate of the pro rata cost for taxpayers who will file individual income tax returns for taxable years ending during such fiscal year of any deficit that would result from the budget; and

   Inserted: (2) an analysis of the budgetary effects described in paragraph (1).

   Original wording

   At the end of title V, add the following:

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As printed