Bill > S2090

This bill fundamentally reforms the federal budget process by transitioning from an annual to a biennial (two-year) budgeting cycle, with several key provisions aimed at improving budget transparency, accountability, and planning. The bill introduces zero-based budgeting requirements, where federal agencies must justify their entire budget from scratch for each two-year period, providing alternative funding levels and detailed explanations of objectives, costs, and priorities. It mandates that the Congressional Budget Office (CBO) make its fiscal models, data, and computational details publicly available to enhance transparency. The legislation also imposes stricter rules on budget submissions, including limitations on federal funds for presidential and political employee travel if budget deadlines are missed. Additionally, the bill raises the threshold in the Senate to waive budget-related points of order from three-fifths to two-thirds, making it more difficult to bypass budget rules. The changes would take effect in 2027, with the first biennial budget cycle beginning in fiscal year 2028, fundamentally reshaping how the federal government plans and approves its spending, with the goal of creating more strategic, accountable, and efficient budgeting processes.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/2090/all-info