The "No Bias in the Baseline Act" significantly modifies the methodology for calculating the federal budget baseline, aiming to simplify and standardize projections. It amends the Balanced Budget and Emergency Deficit Control Act of 1985 to define the baseline as a projection based exclusively on current laws and the assumption of continuing current levels of discretionary appropriations . Key changes include the explicit exclusion of resources designated as emergency requirements and supplemental appropriations from baseline calculations. Furthermore, the bill prohibits any adjustments for inflation or other factors when determining the baseline, streamlining the projection process. Finally, it mandates that the Congressional Budget Office (CBO) include various alternative fiscal scenarios in its reports, developed in consultation with the House and Senate Budget Committees, to provide a broader financial outlook.
The "No Bias in the Baseline Act" significantly modifies the methodology for calculating the federal budget baseline, aiming to simplify and standardize projections. It amends the Balanced Budget and Emergency Deficit Control Act of 1985 to define the baseline as a projection based exclusively on current laws and the assumption of continuing current levels of discretionary appropriations . Key changes include the explicit exclusion of resources designated as emergency requirements and supplemental appropriations from baseline calculations. Furthermore, the bill prohibits any adjustments for inflation or other factors when determining the baseline, streamlining the projection process. Finally, it mandates that the Congressional Budget Office (CBO) include various alternative fiscal scenarios in its reports, developed in consultation with the House and Senate Budget Committees, to provide a broader financial outlook.