Sponsors (5)
The bill would give Congress and the public earlier, more transparent budget baselines to improve oversight and appropriations, but its benefits can be undercut by political blocking, added administrative costs, and the risk of rushed, less reliable estimates.
Lawmakers and taxpayers receive at least two CBO baseline updates per year — including the underlying economic data and prior-year estimates/credit reestimates — giving earlier, more detailed information to improve congressional oversight and craft more accurate appropriations before the fiscal year begins.
The CBO Director retains flexibility to provide additional updates beyond the mandated schedule, allowing the agency to respond to major economic or legislative changes when needed.
Chairs of the House and Senate Budget Committees can block the update requirement, allowing political control to limit the frequency and transparency of budget updates and weakening the law's intended improvements.
If agencies and presidential budget teams must rush to meet tighter submission deadlines, the resulting estimates could be less reliable, which risks poorer decisionmaking by Congress, federal agencies, and state governments.
Preparing more frequent mandated updates and releasing more detailed technical data on a tighter schedule increases workload for the CBO and federal agencies and could raise administrative costs.
Based on analysis of 3 sections of legislative text.
Introduced December 4, 2025 by Blake D. Moore · Last progress December 4, 2025
Requires the Congressional Budget Office to provide at least two baseline updates to Congress each year (unless Budget Committee chairs direct otherwise), and asks that at least one update include the economic data used to calculate it when practicable. Also requires the President, to the extent practicable, to submit technical budget data to Congress by February 1 each year for the coming fiscal year, including up-to-date estimates, prior-year data, and credit reestimates.