The Taxpayers Right-To-Know Act would also codify or slightly modify current requirements under the Government Performance and Results Act, which requires agencies to describe every program they administer, CBO said in an analysis dated Aug. 22.
CBO produced the report in response to an inquiry from the House Committee on Oversight and Government Reform.
Agencies would likely use a pay-as-you-go method as the bill could affect direct spending by agencies not funded through annual appropriations, CBO says.