US HB3186 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on July 23 2015 - 25% progression, died in committee
Action: 2015-07-23 - Referred to the House Committee on the Budget.
Pending: House Budget Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 23 2015 - 25% progression, died in committee
Action: 2015-07-23 - Referred to the House Committee on the Budget.
Pending: House Budget Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Baseline Reform Act of 2015 This bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to change the assumptions used in calculating the baseline for discretionary spending, which is the spending that is provided and controlled by appropriations bills. The baseline is a projection of federal spending and receipts during the fiscal year under current law. It is used by the Congressional Budget Office (CBO) and the Office of Management and Budget (OMB) to estimate the cost of legislation and produce other budget projections. The bill requires the baseline to cover a ten-year period and changes the assumptions the CBO and the OMB must use to project discretionary spending. It eliminates adjustments required under current law for inflation, expiring housing contracts, social insurance administrative expenses, and changes in federal pay and other benefits. By removing these adjustments, the bill requires the baseline to assume that discretionary spending will continue without an increase or a decrease to account for these factors. The bill also requires the CBO to annually submit to the congressional budget committees by July 1 the Long-Term Budget Outlook for the fiscal year beginning on October 1 and at least the next 40 fiscal years.
Title
Baseline Reform Act of 2015
Sponsors
Rep. Rob Woodall [R-GA] | Rep. Louie Gohmert [R-TX] |
History
Date | Chamber | Action |
---|---|---|
2015-07-23 | House | Referred to the House Committee on the Budget. |
2015-07-23 | House | Introduced in House |
Subjects
Accounting and auditing
Appropriations
Budget deficits and national debt
Budget process
Economics and public finance
Government trust funds
Medicare
Sales and excise taxes
Veterans' pensions and compensation
Appropriations
Budget deficits and national debt
Budget process
Economics and public finance
Government trust funds
Medicare
Sales and excise taxes
Veterans' pensions and compensation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/3186/all-info |
Text | https://www.congress.gov/114/bills/hr3186/BILLS-114hr3186ih.pdf |