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H.R. 724: CBO Show Your Work Act

119th Congress · introduced 2025-01-24 · Economics and Public Finance · Latest: Referred to the House Committee on the Budget.

federal

What does this mean?

Official title

CBO Show Your Work Act

Plain summary

CBO Show Your Work Act This bill requires the Congressional Budget Office (CBO) to make available to Congress and the public each fiscal model, policy model, and data preparation routine that the CBO uses to estimate the costs and other fiscal, social, or economic effects of legislation. For each estimate of the costs and other fiscal effects of legislation, the CBO must also disclose, in a manner sufficient to permit replication by individuals not employed by the CBO, the data, programs, models, assumptions, and other details of the computations used to prepare the estimate. For data that may not be disclosed, the CBO must make available to Congress and the public a complete list of all data variables for the data; descriptive statistics for all data variables for the data, to the extent that the descriptive statistics do not violate the rule against disclosure; a reference to the statute requiring that the data not be disclosed; and contact information for the individual or entity who has unrestricted access to the data.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

CBO Show Your Work Act

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Davidson, Warren [R-OH-8] · 35 cosponsors

Money: No cost estimate published yet. No linked contracts or vendors yet.

Words on this page, explained (3)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
CBO cost estimate
The Congressional Budget Office's estimate of how a federal bill would change government spending and revenue. CBO is nonpartisan.
Statute
A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr724 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills