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Working Draft — Version 2, 2026 · Policy framework, not an introduced bill

Plan for ProsperityNonpartisan fiscal framework

F1 · Foundation · Institutional Integrity

Independent Fiscal Council

Enhance CBO architecture with mandatory 50- and 75-year scenario reporting, independent long-run assessment of major legislation, and a congressional response procedure. The Council assesses; it does not bind Congress.

All policies / Foundation

10-year fiscal
+$3B costModest cost

$2B–$5B · High confidence

Implementation
Year 1
Y1Y10Y20
Middle class
Neutral directly

Positive indirectly through better long-run fiscal management.

Planetary
Neutral

No direct climate instrument.

Global precedent

UK Office for Budget Responsibility (2010); Canadian Parliamentary Budget Officer (2008); Swedish Fiscal Policy Council; Australian PBO. OECD counts 50+ independent fiscal institutions.

Lead mechanism

Congressional action; Senate and House Budget Committees.

Bipartisan framing

Broadly bipartisan in principle, with support across multiple administrations and Congresses.

Figures in this framework are illustrative directional estimates derived from publicly available data and conventional Congressional Budget Office budget-window logic. They are not official CBO scores. Any provision adopted from this framework would require formal CBO scoring before legislative consideration. This document is a policy white paper, not an introduced bill.