US Congress House Bill 4856 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 41-1)
Status: Introduced on March 16 2010 - 25% progression, died in committee
Action: 2010-03-16 - Referred to House Rules
Pending: House Rules Committee
Text: Latest bill text (Introduced) [PDF]

Forecast for the Future Act of 2010 - Requires the President's budget to Congress to include a detailed, separate analysis and display, by budget function, agency, and program, of the net present value of future costs of each entitlement program for the fiscal year for which the budget is submitted and each of the four ensuing fiscal years. Amends the Congressional Budget Act of 1974 (CBA) to require concurrent budget resolutions to include, for display purposes only and for each entitlement program, the net present value of the future costs of the program over a 75-year time frame. Directs the congressional budget committees to hold hearings in each Congress with a goal of developing a plan to restore the government to a sustainable long-term fiscal path. Requires the Director of the Office of Management and Budget (OMB) to submit to the President and Congress a report listing: (1) the fiscal exposures of the government; and (2) the net present value of the future costs of the program over a 75-year time frame. Amends the CBA to require the Director of the Congressional Budget Office (CBO) to submit a similar report to Congress.

Forecast for the Future Act of 2010

Rep. Jason Altmire [D-PA]	Rep. Michael Arcuri [D-NY]	Rep. Joe Baca [D-CA]	Rep. Sanford Bishop [D-GA]
Rep. Leonard Boswell [D-IA]	Rep. Allen Boyd [D-FL]	Rep. Bobby Bright [D-AL]	Rep. Christopher Carney [D-PA]
Rep. Ben Chandler [D-KY]	Rep. Travis Childers [D-MS]	Rep. Jim Cooper [D-TN]	Rep. Henry Cuellar [D-TX]
Rep. Kathleen Dahlkemper [D-PA]	Rep. Lincoln Davis [D-TN]	Sen. Joe Donnelly [D-IN]	Rep. Brad Ellsworth [D-IN]
Rep. Gabrielle Giffords [D-AZ]	Rep. Jane Harman [D-CA]	Rep. Stephanie Herseth Sandlin [D-SD]	Rep. Baron Hill [D-IN]
Rep. Tim Holden [D-PA]	Rep. Frank Kratovil [D-MD]	Rep. Betsy Markey [D-CO]	Rep. Jim Marshall [D-GA]
Rep. Jim Matheson [D-UT]	Rep. Mike McIntyre [D-NC]	Rep. Charlie Melancon [D-LA]	Rep. Michael Michaud [D-ME]
Rep. Walter Minnick [D-ID]	Rep. Harry Mitchell [D-AZ]	Rep. Dennis Moore [D-KS]	Rep. Patrick Murphy [R-PA]
Rep. Scott Murphy [D-NY]	Rep. Glenn Nye [D-VA]	Rep. Collin Peterson [D-MN]	Rep. Mike Ross [D-AR]
Rep. John Salazar [D-CO]	Rep. Adam Schiff [D-CA]	Rep. Kurt Schrader [D-OR]	Rep. David Scott [D-GA]
Rep. Heath Shuler [D-NC]	Rep. Gene Taylor [D-MS]

Date	Chamber	Action
2010-03-16		Referred to House Rules
2010-03-16		Referred to House Budget
2010-03-16		Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/4856/all-info
Text	https://www.congress.gov/111/bills/hr4856/BILLS-111hr4856ih.pdf