Stop the Baseline Bloat Act of 2024

Hozzl · 2024-10-09T17:33:12Z

Explore the details of House Bill 8068 Stop the Baseline Bloat Act of 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

10/9/2024, 5:33 PM

Summary of Bill HR 8068

The bill titled "Stop the Baseline Bloat Act of 2024" was introduced in the 118th Congress on April 18, 2024, as H.R. 8068. The bill aims to address baseline inflation within government budgeting. Specific provisions and directives outlined in the bill aim to prevent excessive growth in baseline budget projections. For further details and the full text of the bill, it can be accessed on Congress's official website.

Congressional Summary of HR 8068

Stop the Baseline Bloat Act of 2024

This bill changes the assumptions that the Congressional Budget Office uses to calculate the baseline for discretionary spending. (A baseline is a projection of federal spending and receipts during a fiscal year under current law.) Specifically, the bill changes the assumptions used for the discretionary spending baseline to exclude (1) resources designated as an emergency requirement, and (2) resources provided in supplemental appropriations laws.

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Current Status of Bill HR 8068

Bill HR 8068 is currently in the status of Bill Introduced since April 18, 2024. Bill HR 8068 was introduced during Congress 118 and was introduced to the House on April 18, 2024. Bill HR 8068's most recent activity was Ordered to be Reported (Amended) by the Yeas and Nays: 20 - 13. as of September 25, 2024

Bipartisan Support of Bill HR 8068

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 8068

Primary Policy Focus

Economics and Public Finance

Potential Impact Areas

- Budget process

- Congressional Budget Office (CBO)

Alternate Title(s) of Bill HR 8068

Stop the Baseline Bloat Act of 2024

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to exclude resources designated as an emergency requirement or any resources provided in supplemental appropriations laws from CBO baseline projections for discretionary appropriations, and for other purposes.

Comments

Alaiya Cummings

463

1 year ago

This bill is just terrible, I can't believe they are trying to pass it. It's going to make everything worse for us hardworking Americans. I don't know how we're going to survive if this thing goes through. It's going to hurt all of us in the end.

Jaycee Evans

514

1 year ago

I'm not so sure about this new bill. It seems like it could have some negative consequences. #politics #HR8068

Lila Merritt

500

1 year ago

I think this bill is a step in the right direction. It aims to stop unnecessary spending and reduce government waste. By cutting down on baseline bloat, we can ensure that taxpayer dollars are being used efficiently and effectively. This bill will help save money and make sure that resources are being allocated where they are truly needed. I believe that this is a positive move for our country and I hope to see more legislation like this in the future.

Casen Collins

447

1 year ago

I support this bill, it could help with spending issues.

Travis Hood

465

1 year ago

This bill sounds good. Who wins from it?

Noa Hsu

513

1 year ago

This bill is great! It stops the government from wasting money on unnecessary programs. It's about time they start being responsible with our tax dollars. This bill will help save money and make sure it's being used for important things. I'm all for it! #StopTheBaselineBloatAct2024 #SavingMoney #ResponsibleSpending