PFC Joseph P. Dwyer Peer Support Program Act

House Bill

H.R. 438

119th Congress

PFC Joseph P. Dwyer Peer Support Program Act

In Committee

Introduced:Oct 31, 2025

Primary Sponsor

Juan Vargas

Representative

Democratic

CA-52

Cosponsors

2

Quick Stats

Policy Area

Economics and Public Finance

Summary

The True Cost Act would require the President's annual budget submission to Congress to include estimates of the cost per individual taxpayer for the public debt and any projected budget deficit. This would provide more transparency about the financial impact of government spending on individual taxpayers.

Latest Action

Referred to the House Committee on the Budget.

AI Summary

Plain-English explanation of this bill

The True Cost Act would require the President's annual budget submission to Congress to include estimates of the cost per individual taxpayer for the public debt and any projected budget deficit. This would provide more transparency about the financial impact of government spending on individual taxpayers.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

True Cost Act This bill requires the President's annual budget submission to Congress to include estimates of the cost per individual taxpayer for (1) the public debt, and (2) any projected budget deficit for a fiscal year.

Key Points

Main provisions of the bill

Requires the President's budget to include estimates of the cost per individual taxpayer for the public debt and any projected budget deficit.
Aims to increase transparency about the financial burden of government spending on individual taxpayers.
Provides citizens with more information to understand the personal impact of federal deficits and the national debt.

How This Impacts Americans

Potential effects on citizens and communities

If passed, this bill would affect all American taxpayers by providing them with more detailed information about how much they personally contribute towards the public debt and federal budget deficits. This could increase public awareness and understanding of the government's fiscal position and its implications for individuals.

Policy Areas

Primary Policy Area

Economics and Public Finance

Related Subjects

Budget deficits and national debt

Budget process

Government information and archives

Tax administration and collection, taxpayers

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

438, 119th Congress (2025). "PFC Joseph P. Dwyer Peer Support Program Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-438