Congressional Budget Office Cost Estimate: H.R. 1423, Taxpayers Right-To-Know Act   [open pdf - 24KB]

This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the House Committee on Oversight and Government Reform on July 24, 2013. From the Summary: "H.R. 1423 would require government agencies to identify and describe each program they administer, the cost to administer those programs, expenditures for services, the number of program beneficiaries, and the number of federal employees and contract staff involved. Under the bill, that information would be posted on each agency's website. H.R. 1423 would require the Office of Management and Budget (OMB) to submit to the Congress an annual report that identifies duplicative federal programs. Finally, the Government Accountability Office (GAO) would be required to maintain and update a database on duplicative programs. Based on information from several agencies, CBO estimates that implementing H.R. 1423 would cost around $100 million over the 2014-2018 period, assuming appropriation of the necessary amounts. Enacting the bill could affect direct spending by agencies not funded through annual appropriations; therefore, pay-as-you-go procedures apply. CBO estimates, however, that any net increase in spending by those agencies would be negligible. Enacting H.R. 1423 would not affect revenues."

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