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CBO scores Stop Lawmakers From Predicting Act at under 500,000 dollars in penalties over 2027 to 2036, CBO reports
- CBO scores Stop Lawmakers From Predicting Act at under 500,000 dollars in penalties over 2027 to 2036, CBO reports — The Congressional Budget Office estimates H.R. 9367, which would prohibit members of Congress and their spouses and dependent children from trading prediction market contracts tied to government policy, government action or political outcomes, would increase civil penalty collections by less than 500,000 dollars over 2027 to 2036. CBO expects few violations because the penalty amounts are relatively small, and estimates implementation costs would also total less than 500,000 dollars over 2027 to 2031, subject to appropriations. (Congressional Budget Office)
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