To direct the Congressional Budget Office to submit daily reports during the period in which a Government shutdown is in effect on the effects of the shutdown on the economy and the costs of the shutdown to taxpayers, and for other purposes.
► You believe that a daily report should be made available to Congress members detailing the impact of the government shutdown on the nation's economy. This is to include any decrease in GDP, the dollar value the Small Business Administration was unable to provide, the amount of revenue lost by the National Park Service, and the overall revenue lost in tourism and travel because of the government shutdown.
► You believe Congress members should not be made aware of the daily impact the government shutdown has on the nation's economy via a report made by the Congressional Budget Office.
The Government Shutdown Impact Report Act would require the Congressional Budget Office (CBO) to submit daily reports to Congress on the impact and cost of a government shutdown on the nation’s economy.
- An estimate of revenue lost on that day because of the effects of the government shutdown on tourism and travel to and within the United States.
Over 800,000 federal employees have not received a paycheck since the beginning of the year because of the current government shutdown. This act would create daily reports on not only the impact on the American economy, but also on the impact on small businesses, the National Park Service, travel, and tourism. In 2013, the government shutdown cost the American economy as estimated $24 billion, according to Standard and Poor’s Ratings Services.
Read the full text of H.R.270 - Government Shutdown Impact Report Act of 2019.
Sponsored by: Rep. O'Halleran, Tom [D-AZ-1].
Cosponsored by: 0 Rep / 18 Dem.