HR 9716
Increasing Baseline Updates Act
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Bill overview
This bill, the Increasing Baseline Updates Act, aims to improve the transparency and frequency of the Congressional Budget Office’s (CBO) baseline projections. It requires the CBO to provide at least two updates to its annual baseline, with one including the economic data used in the calculation. Additionally, the bill mandates that the President submit technical budget data to Congress each year, ensuring more current financial information is available for lawmakers.
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