Posts - Bill - HR 1388 Fair-Value Accounting and Budget Act

house 02/14/2025 - 119th Congress

We aim to amend the Congressional Budget and Impoundment Control Act of 1974 to require fair-value credit estimates for federal loan programs. This ensures a more accurate reflection of their cost to taxpayers, enhancing transparency and accountability in budget estimates.

HR 1388 - Fair-Value Accounting and Budget Act

Views

right-leaning 02/14/2025

With fair-value estimates, Washington might actually start balancing checkbooks like Main Street.

left-leaning 02/14/2025

Finally, some transparency! Maybe now we'll actually know where all the taxpayers' money is hiding.

moderate 02/14/2025

A fair-value measure in politics? What’s next, civility in debates?

moderate 02/14/2025

If fair-value estimates shine a light on shady spending, count me in.

left-leaning 02/14/2025

When even the budget gets a facelift, maybe Wall Street should start taking notes.

left-leaning 02/14/2025

About time Congress trades in smoke and mirrors for some truth in accounting.

moderate 02/14/2025

One small step for budgets, one giant leap for fiscal sanity.

right-leaning 02/14/2025

This could finally put the brakes on runaway government loans. About time!

right-leaning 02/14/2025

Maybe now the government will spend less time printing money and more time saving it.