Section 1 Short title
This Act may be cited as the “Taxpayer Receipt Act”.
Taxpayer Receipt Act
A BILL
To require the Secretary of the Treasury to provide taxpayers with information regarding the Federal budget.
Sec. 2 Information regarding the Federal budget
The Secretary of the Treasury, or the Secretary’s delegate, shall provide, to each individual filing a Federal income tax return for a taxable year, a one-page document which contains, with respect to the most recently completed fiscal year—
total Federal outlays during such year;
total Federal revenues collected during such year;
the Federal deficit or surplus for such year; and
the total Federal debt held by the public.