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Transparency in Federal Spending Resolution

Source: Congress.gov  ·  494 words in original text
This resolution changes the House of Representatives' internal rules to require certain spending bills to include detailed tables showing where money goes. Bills that approve or spend federal funds must now list each program's funding amount and estimate the cost of paying interest on the national debt from that spending.
Members of the House of Representatives when considering bills about federal spending and appropriations (money set aside by Congress for specific purposes).
* Bills that authorize or appropriate funds for programs must include a table in machine readable format (a format computers can easily read) showing the amount of money for each program (Sec. 2(a)(1)) * The table must show how much money each program gets for each separate fiscal year (budget year) (Sec. 2(a)(2)) * The table must estimate any costs of servicing the public debt (paying interest on borrowed money) that would result from carrying out each program (Sec. 2(a)(3)) * Rules that would waive or skip this requirement cannot be considered by the House (Sec. 2(b))
The House of Representatives cannot consider spending bills or amendments unless they include the required detailed spending table showing program-by-program funding and debt service cost estimates.
The bill uses the term "program" with the meaning given in section 1122(a) of title 31, United States Code. The bill text does not define this further.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.