Sponsors (5)
The bill increases the timeliness and transparency of federal budget estimates—helping taxpayers, Congress, and subnational governments plan and scrutinize fiscal policy—while imposing additional workload on CBO and administration staff and risking premature estimates or confidentiality concerns if implementation is not managed carefully.
Taxpayers, Congress, and federal budget policymakers receive earlier and more frequent standardized technical budget data (including a Feb 1 delivery), improving transparency and enabling timelier fiscal decisions.
State and local governments and budget analysts get up-to-date current- and prior-year estimates, aiding budgeting, planning, and intergovernmental coordination.
Taxpayers and outside analysts gain at least one update that includes the underlying economic data used for CBO estimates, allowing replication and stronger external scrutiny.
CBO and administration agencies (including the President's staff) face additional reporting obligations that could increase workload, require more staff or funding, and divert resources from other analyses.
Relying on earlier (Feb 1) or incomplete estimates risks misleading policymakers and markets if the data are premature, potentially leading to poor decisions by state and federal actors.
Publishing underlying economic inputs could raise confidentiality or sensitivity concerns when inputs are proprietary or preliminary, creating legal or policy risks for data providers.
Based on analysis of 3 sections of legislative text.
Requires CBO to provide at least two annual baseline updates (one with underlying economic data) and asks the President to submit annual technical budget and credit data by Feb 1, to the extent practicable.
Requires more frequent and transparent budget baseline updates from two parts of the federal budget process. It directs the Congressional Budget Office (CBO) to provide at least two baseline updates per year (unless the Budget Committee chairs say otherwise), and it asks the President to submit annual technical budget and credit-estimate data to Congress by February 1 each year, to the extent practicable.
Official title: To amend the Congressional Budget and Impoundment Control Act of 1974 to require the Congressional Budget Office to provide baseline updates, and for other purposes.
Introduced December 4, 2025 by Blake D. Moore · Last progress December 4, 2025