summary
Introduced
07/10/2024
07/10/2024
In Committee
07/10/2024
07/10/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To clarify that the baseline is based on current laws and the assumption of continuation of current levels of discretionary appropriations, and for other purposes.
AI Summary
This bill, the "No Bias in the Baseline Act," aims to clarify that the budget baseline (a projection of future spending and revenue levels) should be based on current laws and the assumption of continuation of current levels of discretionary appropriations, rather than making adjustments for factors like inflation. Specifically, it amends the Balanced Budget and Emergency Deficit Control Act of 1985 to specify that the baseline should not be adjusted for inflation or other factors, and it makes conforming amendments to other relevant laws. The goal is to ensure that the budget baseline reflects the current state of the law and spending, without introducing potential biases from such adjustments.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to the House Committee on the Budget. (on 07/10/2024)
Bill Topics
Macroeconomics
- ‐ National Budget and Debt
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/8979/all-info | 07/11/2024 |
| BillText | https://www.congress.gov/118/bills/hr8979/BILLS-118hr8979ih.pdf | 08/17/2024 |
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