The legislation aims to enhance the baseline calculations made by the Congressional Budget Office (CBO) by incorporating certain executive and judicial actions.
It amends the Balanced Budget and Emergency Deficit Control Act of 1985 to require the inclusion of judicial and executive actions in baseline calculations.
The types of actions to be included are proposed rules, final rules, executive orders, and memoranda.
A separate table must be included in the CBO report that lists judicial and executive actions with significant budgetary effects (at least $50 billion) issued after the last report or update.
Proposed executive actions will be treated as final for the purpose of inclusion in the report if they meet the budgetary effect threshold.
The legislation emphasizes adherence to existing scorekeeping guidelines when determining the inclusion of actions in the baseline calculations.
