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HR 6470 · 119th Congress — Increasing Baseline Updates Act

Increasing Baseline Updates Act This bill requires the Congressional Budget Office (CBO) to submit to Congress at least two updates to its annual baseline unless CBO is otherwise directed by the chairs of the congressional budget…

Congress
119
Bill
HR 6470
Status
Introduced
Introduced
2025-12-04
Latest action date
2025-12-04

Summary

Increasing Baseline Updates Act This bill requires the Congressional Budget Office (CBO) to submit to Congress at least two updates to its annual baseline unless CBO is otherwise directed by the chairs of the congressional budget committees. At least one of the updates must include the economic data used by CBO to calculate the update. (A baseline is a projection of federal spending and receipts during a budget year under current law. Under current law, CBO is required to publish the baseline by February 15 of each year. Right now, the latest action is: Sent to the House the Budget Committee. The listed sponsor is Rep. Moore, Blake D. [R-UT-1] [R].

This summary may describe an earlier version. Check the official record for current wording.

Latest action

Referred to the House Committee on the Budget.

Sponsors

Sources