We have new information about H.R. 4464: the Preventive Health Savings Act. Introduced on July 16, 2025, the bill currently has nine supporters. Let’s break down its main points.
The bill aims to update the Congressional Budget Act of 1974 by creating a way to evaluate how preventive health care legislation affects the budget. It highlights the potential of preventive health initiatives to save money in the long run, particularly in federal spending on health care.
Key Features of the Bill
- Assessment Requests: If certain Congressional leaders ask, the Congressional Budget Office (CBO) will analyze whether legislation could lead to future budget savings via preventive health measures.
- Budget Inclusion: Should the CBO find savings from a proposal, it must include these findings in budget projections, detailing the basis for its conclusions.
- Long-Term Projections: The bill permits the CBO to extend its forecasting beyond the usual limits, enabling assessments over a longer timeline.
- Supplementary Information: The savings estimates will serve as extra information and won’t influence compliance with current budget rules.
Understanding Key Terms
- Budgetary Outyears: These are two ten-year periods starting ten years after the current fiscal year.
- Preventive Health Care: This includes actions that protect and promote health, aiming to prevent diseases and premature deaths, often backed by credible research.
This bill aims to formally acknowledge that investing in preventive health measures could lead to notable federal savings in the future. By enabling these assessments, lawmakers can better understand the long-term financial benefits of preventive initiatives. Some experts believe this shift could enhance overall public health and reduce costly medical interventions later on.
Current Context and Statistics
A recent study found that by 2030, preventive health measures could save the U.S. $4.2 trillion in health care costs. There’s growing public support for such initiatives, as seen in social media trends promoting regular check-ups and healthy lifestyles. Many Americans are sharing their experiences of how preventive care has improved their lives, reinforcing the bill’s thrust.
Related Proposals
Additionally, Representative Jay Obernolte has introduced other bills, including:
- H.R.4302: Improving Atmospheric River Forecasts Act
- H.R.3925: Yuhaaviatam of San Manuel Nation Land Exchange Act
- H.R.3460: AI Whistleblower Protection Act
- H.R.3220: Quantum Sandbox for Near-Term Applications Act of 2025
- H.R.3198: Intergovernmental Critical Minerals Task Force Act
Obernolte’s Financial Insights
As of today, Representative Jay Obernolte has a net worth of approximately $97.8 million, making him one of the wealthiest members of Congress. Interestingly, he has no investments in publicly traded assets, according to recent estimates.
For more information on current legislative trends, you can visit [Congress.gov](https://www.congress.gov/) or [Quiver Quantitative](https://www.quiverquant.com/) to track statistics and developments related to these bills.