No Bias in the Baseline Act
Federal Budgeting: New Rules for Spending Forecasts
The No Bias in the Baseline Act is currently in the early stages of the legislative process. It was recently introduced in the Senate and sent to the Committee on the Budget for review. There are no upcoming votes scheduled at this time, and the bill is waiting for the committee to decide on its next steps.
Legislative Progress
This bill proposes a major change to how the government tracks money, which usually requires support from both parties that it currently lacks.
Key Points
- This bill changes how the government predicts its future spending. Right now, the government assumes that the cost of programs will go up every year because of rising prices. This bill would stop the government from adding those automatic increases to its official budget reports.
- The plan would also stop the government from assuming that temporary programs will be extended forever. It also prevents one-time emergency money from being counted as part of the permanent budget. If Congress spends money on a specific disaster, that money would not be included in the starting point for next year's budget predictions.
- This change would make the government's future spending look lower than it does now. Supporters say this is more honest because it only counts what is currently law. Others may argue it is unrealistic because it ignores the fact that things like food and fuel get more expensive over time.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Read twice and referred to the Committee on the Budget.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
No Bias in the Baseline Act
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.