No Bias in the Baseline Act

TL;DR (AI)

• The bill modifies baseline calculations within existing budget laws to adjust projections of budget authority, outlays, revenues, and deficits.
• It mandates the Congressional Budget Office (CBO) to publish alternative fiscal scenarios in its reports, developed in coordination with the House and Senate Budget Committees.
• The bill establishes that baseline calculations should be based on current laws and assume continuation of existing discretionary appropriations levels.