“To include certain executive and judicial actions in the baseline calculation by the Congressional Budget Office, and for other purposes.”
No CRS summary available for this bill.
This section directs the Congressional Budget Office (CBO), in baseline calculations and updates included in semiannual reports under the Congressional Budget Act of 1974 (unless otherwise directed by the chairs of the House and Senate Budget Committees), to incorporate the budgetary effects of judicial actions and executive actions (e.g., proposed or final rules, executive orders, or memoranda) consistent with scorekeeping practices agreed to by the CBO Director and the Budget Committees. (As background, CBO baselines project spending and revenues under current law to support congressional budgeting and enforcement mechanisms.) It further requires each affected department or agency to provide the CBO Director, within 10 days after an executive action takes effect, with relevant documentation including implementation guidance and data. This section also requires those CBO reports, to the extent practicable, to include a separate table listing such actions issued since the prior report that the CBO Director estimates will have budgetary effects of at least $50 billion over the current year, budget year, and subsequent nine years (treating proposed executive actions as final for inclusion, per specified scorekeeping guidelines).