S. 287Senate109th Congress (2005-2007)In Committee

A bill to require the Congressional Budget Office and the Joint Committee on Taxation to use dynamic economic modeling in the preparation of budgetary estimates of proposed changes in Federal revenue law.

Introduced February 3, 2005

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S988)

February 3, 2005

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SenateIntro Referral

Introduced in Senate

February 3, 2005

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S987-988)

February 3, 2005

SenateIntro Referral

Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S988)

February 3, 2005

Floor Debate

23 members

What members said about S. 287 on the floor

8 Republicans15 Democrats
Christopher J. Dodd
Sen. Christopher J. DoddD-CT · May 4, 2006

Mr. President, I had intended to offer an amendment, No. 3755, to this Emergency Supplemental Appropriations bill to provide for full funding of the Help America Vote Act. However, once cloture was…

Jeff Sessions
Sen. Jeff SessionsR-AL · May 4, 2006

Mr. President, first, let me acknowledge the work of Chairman Cochran, Senator Shelby, and the Appropriations Committee in crafting this bill. I would also like to commend Dr. Coburn, Senator McCain,…

Thad Cochran
Sen. Thad CochranR-MS · May 4, 2006

Mr. President, I first thank very sincerely the distinguished Senator from West Virginia for his good help and assistance, his guidance and his leadership in the development and passage of this bill.…

Russell D. Feingold
Sen. Russell D. FeingoldD-WI · May 4, 2006

Mr. President, I am extremely disappointed that the Senate did not get the chance to vote on my amendment to strengthen the oversight and monitoring of over $1.6 billion included in this supplemental…

Robert C. Byrd
Sen. Robert C. ByrdD-WV · May 4, 2006

Mr. President, I thank the Chair. I thank the distinguished and very able chairman of the Senate Appropriations Committee, Mr. Cochran, for all of his hard work on this bill. He has worked hard. He…

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Patty Murray
Sen. Patty MurrayD-WA · May 4, 2006

Mr. President, reserving the right to object, if I understand the chairman's request, it is to get 4 minutes of additional time on their side. I ask unanimous consent, then, for an additional 4…

Christopher J. Dodd
Sen. Christopher J. DoddD-CT · Feb 3, 2005

Mr. President, I am pleased to join with my colleagues Senator Kennedy, Senator Mikulski, Senator Murray, Senator Clinton, Senator Durbin, Senator Lautenberg, Senator Leahy, Senator Akaka, Senator…

Barbara A. Mikulski
Sen. Barbara A. MikulskiD-MD · May 4, 2006

Mr. President, I rise in opposition to Senator Thune's amendment and to set the record straight on my ongoing and passionate support for AmeriCorps and the National Civilian Community Corps, NCCC.…

Ken Salazar
Sen. Ken SalazarD-CO · May 4, 2006

Mr. President, over the March recess, I joined the leaders of the Senate Armed Services Committee, Senator John Warner of Virginia and Senator Carl Levin of Michigan, on a trip to Iraq to hear the…

Tom Coburn
Sen. Tom CoburnR-OK · May 4, 2006

Mr. President, in the past week, the Senate has voted to reduce the overall cost of H.R. 4939, the Emergency Supplemental Appropriations Act for Defense, the Global War on Terror, and Hurricane…

Mike DeWine
Sen. Mike DeWineR-OH · Feb 3, 2005

Mr. President, I rise today, along with Senators Leahy and Domenici, to introduce a bill that would reauthorize ``America's Law Enforcement and Mental Health Project Act.'' This program addresses the…

Daniel K. Akaka
Sen. Daniel K. AkakaD-HI · May 4, 2006

Mr. President, today I will cast my vote in favor of H.R. 4939, the fiscal year 2006 supplemental appropriations bill. This bill takes the important step of supporting disaster relief efforts and…

Herb Kohl
Sen. Herb KohlD-WI · Feb 3, 2005

Mr. President, I am pleased to join with a long list of colleagues in introducing a bill to extend the MILC program. This measure is supported by members from different regions of the country and…

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Susan M. Collins
Sen. Susan M. CollinsR-ME · Feb 3, 2005

Mr. President, the recent shortage of H-2B nonimmigrant visas for temporary or seasonal non-agricultural foreign workers is a matter of great concern to many small businesses in my home State of…

Christopher S. Bond
Sen. Christopher S. BondR-MO · Feb 3, 2005

Mr. President, I rise today to introduce legislation concerning a critical issue that affects many States--disaster assistance. Last year was one of the worst hurricane seasons that Florida had seen…

Max Baucus
Sen. Max BaucusD-MT · May 4, 2006

Mr. President, I rise to speak in favor of the bipartisan amendment that Finance Committee Chairman Grassley has just offered. As ranking Democrat on the Finance Committee, I have worked with…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · May 4, 2006

I move to lay that motion on the table. The motion to lay on the table was agreed to. I announce that the Senator from West Virginia (Mr. Rockefeller) is necessarily absent. Mr. President, I rise…

John Ensign
Sen. John EnsignR-NV · Feb 3, 2005

Mr. President, I rise today to introduce legislation to require the Joint Committee on Taxation and the Congressional Budget Office to use dynamic scoring, in addition to traditional static scoring,…

Tim Johnson
Sen. Tim JohnsonD-SD · Feb 3, 2005

Mr. President, I rise today to re-introduce legislation from the previous Congress that will revise and expand the boundary to the Wind Cave National Park in Custer and Fall River County South…

Jack Reed
Sen. Jack ReedD-RI · May 4, 2006

Mr. President, two important lessons we learned from Hurricane Katrina are that our Nation's infrastructure to protect Americans from flooding and hurricanes is inadequate and upfront investment in…

Gordon H. Smith
Sen. Gordon H. SmithR-OR · Feb 3, 2005

President, I rise today to shine a spotlight on one of the most lopsided and unfair programs in the Federal Government, and to reintroduce legislation to correct it. Every year, the Federal…

Carl Levin
Sen. Carl LevinD-MI · May 4, 2006

I would like to enter into a colloquy with my friend from New Hampshire, Senator Gregg, and my friend from North Dakota, Senator Conrad, regarding funds that have been included in this bill for…

Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Feb 3, 2005

Mr. President, in Louisiana, hurricanes and floods are as much a part of life as crawfish boils and Mardi Gras. Twenty percent of the coastal zone of my State lies below sea level, including 80…

Joseph I. Lieberman
Sen. Joseph I. LiebermanD-CT · May 4, 2006

Mr. President, I thank my distinguished colleagues from North Carolina and Kansas, Senators Burr and Brownback, for their commitment to avian flu preparedness and to putting in place an effective…

Bill Text

Latest available legislative text

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Introduced in SenateIssued February 3, 2005

III

109th CONGRESS

1st Session

S. 287

IN THE SENATE OF THE UNITED STATES

February 3, 2005

Mr. Ensign (for himself, Mr. Kyl, and Mr. Crapo) introduced the following bill; which was read twice and referred to the Committee on the Budget

A BILL

To require the Congressional Budget Office and the Joint Committee on Taxation to use dynamic economic modeling in addition to static economic modeling in the preparation of budgetary estimates of proposed changes in Federal revenue law.

1.

Sense of Congress

It is the sense of Congress that it is necessary to ensure that Congress is presented with reliable information from the Congressional Budget Office and the Joint Committee on Taxation as to the dynamic macroeconomic feedback effects to changes in Federal law and the probable behavioral responses of taxpayers, businesses, and other parties to such changes. Specifically, the Congress intends that, while not excluding any other estimating method, dynamic estimating techniques shall also be used in estimating the fiscal impact of proposals to change Federal laws, to the extent that data are available to permit estimates to be made in such a manner.

2.

Estimates of the Joint Committee on Taxation

In addition to any other estimates it may prepare of any proposed change in Federal revenue law, a fiscal estimate shall be prepared by the Joint Committee on Taxation of each such proposed change on the basis of assumptions that estimate the probable behavioral responses of personal and business taxpayers and other relevant entities to that proposed change and the dynamic macroeconomic feedback effects of that proposed change. The preceding sentence shall apply only to a proposed change that the Joint Committee on Taxation determines, pursuant to a static fiscal estimate, has a fiscal impact in excess of $250,000,000 in any fiscal year.

3.

Estimates of the Congressional Budget Office

In addition to any other estimates it may prepare of any proposed change in Federal revenue law, a fiscal estimate shall be prepared by the Congressional Budget Office of each such proposed change on the basis of assumptions that estimate the probable behavioral responses of personal and business taxpayers and other relevant entities to that proposed change and the dynamic macroeconomic feedback effects of that proposed change. The preceding sentence shall apply only to a proposed change that the Congressional Budget Office determines, pursuant to a static fiscal estimate, has a fiscal impact in excess of $250,000,000 in any fiscal year.

4.

Disclosure of assumptions

Any report to Congress or the public made by the Joint Committee on Taxation or the Congressional Budget Office that contains an estimate made under this Act of the effect that any legislation will have on revenues shall be accompanied by—

(1)

a written statement fully disclosing the economic, technical, and behavioral assumptions that were made in producing that estimate, and

(2)

the static fiscal estimate made with respect to the same legislation and a written statement of the economic, technical, and behavioral assumptions that were made in producing that estimate.

5.

Contracting authority

In performing the tasks specified in this Act, the Joint Committee on Taxation and the Congressional Budget Office may, subject to the availability of appropriations, enter into contracts with universities or other private or public organizations to perform such estimations or to develop protocols and models for making such estimates.