H.R. 9452

Budgeting for a Better America Act

Sponsor: Steve Womack

18 cosponsors
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I Biennial Budget Resolutions

II National Commission on Fiscal Responsibility and Reform

III Other Matters

Sec. 302. Analysis of long-term unfunded obligations

Section 1105(a) of title 31, United States Code, is amended by adding at the end the following:

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(39) an analysis of long-term unfunded obligations, which shall include—

(A) an analysis of the impact of long-term unfunded obligations in applicable entitlement programs on the long-term level of unified budget outlays and the unified budget surplus or deficit, in relation to the projected level of the gross domestic product of the United States, over a 25, 50, and 75-year window;

(B) a report on the impact of legislation enacted during the previous session of Congress that increases the long-term unfunded obligation in any applicable group of entitlement program; and

(C) an analysis of the impact of legislation proposed in the President’s budget on the long-term unfunded obligation in any applicable entitlement program.