Increasing Baseline Updates Act
1/9/2025, 12:26 PMSummary of Bill HR 9716
Bill 118 hr 9716, also known as the Increasing Baseline Updates Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to adjust the baseline for discretionary spending in order to account for inflation and other factors that may affect the cost of government programs and services.The bill proposes to increase the baseline for discretionary spending by a certain percentage each year, in order to ensure that government agencies have enough funding to keep up with rising costs. This adjustment would be based on the rate of inflation and other economic indicators, and would be calculated by the Office of Management and Budget.
Proponents of the bill argue that adjusting the baseline for discretionary spending is necessary in order to prevent budget cuts and ensure that government programs can continue to operate effectively. They believe that failing to adjust the baseline could lead to underfunding of important programs and services, which could have negative consequences for the American people. Opponents of the bill, however, argue that increasing the baseline for discretionary spending could lead to higher government spending overall, which could contribute to the national debt. They believe that it is important to prioritize fiscal responsibility and find ways to reduce government spending, rather than increasing it. Overall, the Increasing Baseline Updates Act is a complex piece of legislation that seeks to address the issue of rising costs and ensure that government programs have adequate funding. It is currently being debated in Congress, and it remains to be seen whether it will ultimately be passed into law.
Congressional Summary of HR 9716
Increasing Baseline Updates Act
This bill requires the Congressional Budget Office (CBO) to submit to Congress at least two updates to its annual baseline. At least one of the updates must include the economic data used by CBO to calculate the update.
(A baseline is a projection of federal spending and receipts during a fiscal year under current law. Under current law, CBO is required to publish the baseline by February 15 of each year. While there is no statutory requirement for specific updates, CBO generally provides an update with its analysis of the President's annual budget request. It has also provided some updates during the summer, depending on the timing of the President's budget request.)
The bill also requires the President to submit technical budget data to Congress on or before February 1 of each year. Currently, federal agencies provide the data to Congress as part of the President's budget request.
Read the Full Bill
Current Status of Bill HR 9716
Bill HR 9716 is currently in the status of Introduced to Senate since December 12, 2024. Bill HR 9716 was introduced during Congress 118 and was introduced to the House on September 20, 2024. Bill HR 9716's most recent activity was Received in the Senate and Read twice and referred to the Committee on the Budget. as of December 12, 2024Bipartisan Support of Bill HR 9716
Total Number of Sponsors
11Democrat Sponsors
0Republican Sponsors
11Unaffiliated Sponsors
0Total Number of Cosponsors
22Democrat Cosponsors
2Republican Cosponsors
20Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 9716
Primary Policy Focus
Economics and Public FinancePotential Impact Areas
Budget deficits and national debtCongressional oversightCongressional-executive branch relationsAlternate Title(s) of Bill HR 9716
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.Increasing Baseline Updates ActIncreasing Baseline Updates ActComments
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Sponsors and Cosponsors of HR 9716
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