Increasing Baseline Updates Act
This bill requires the Congressional Budget Office (CBO) to submit to Congress at least two updates to its annual baseline. 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 fiscal year under current law. Under current law, CBO is required to publish the baseline by February 15 of each year. While there is no statutory requirement for specific updates, CBO generally provides an update with its analysis of the President's annual budget request. It has also provided some updates during the summer, depending on the timing of the President's budget request.)
The bill also requires the President to submit technical budget data to Congress on or before February 1 of each year. Currently, federal agencies provide the data to Congress as part of the President's budget request.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2024-12-12 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on the Budget. | Senate |
| 2024-12-11 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2024-12-11 | Vote | On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 407 - 0 (Roll no. 499). (text: CR H6825) | House floor actions |
| 2024-12-11 | Floor | Considered as unfinished business. (consideration: CR H7098-7099) | House floor actions |
| 2024-12-11 | Floor | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | House floor actions |
| 2024-12-11 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 9716. | House floor actions |
| 2024-12-11 | Floor | Considered under suspension of the rules. (consideration: CR H6825-6827) | House floor actions |
| 2024-12-11 | Floor | Mr. Moore (UT) moved to suspend the rules and pass the bill. | House floor actions |
| 2024-12-11 | Calendars | Placed on the Union Calendar, Calendar No. 700. | House floor actions |
| 2024-12-11 | Committee | Reported by the Committee on Budget. H. Rept. 118-861. | House floor actions |
| 2024-09-25 | Committee | Ordered to be Reported by the Yeas and Nays: 32 - 0. | House committee actions |
| 2024-09-25 | Committee | Committee Consideration and Mark-up Session Held | House committee actions |
| 2024-09-20 | IntroReferral | Referred to the House Committee on the Budget. | House floor actions |
| 2024-09-20 | IntroReferral | Introduced in House | Library of Congress |
| 2024-09-11 | Committee | Hearings Held Prior to Introduction | House committee actions |