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![handle is hein.congrecreports/crptxagwf0001 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
GP
118TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 118-861
INCREASING BASELINE UPDATES ACT
DECEMBER 11, 2024.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. ARRINGTON, from the Committee on the Budget,
submitted the following
REPORT
[To accompany H.R. 9716]
[Including cost estimate of the Congressional Budget Office]
The Committee on the Budget, to whom was referred the bill
(H.R. 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, having considered
the same, reports favorably thereon without amendment and rec-
ommends that the bill do pass.
CONTENTS
Page
Summary and Purpose of Legislation .................................................................... 1
Background and Need for Legislation .................................................................... 2
Section-by-Section Analysis .................................................................................... 2
Legislative History and Consideration .................................................................. 3
H earings .................................................................................................................. 3
V otes of the Com m ittee .......................................................................................... 3
Committee Oversight Findings and Recommendations .................. 5
Congressional Budget Act Com pliance .................................................................. 5
Com m ittee Cost Estim ate ....................................................................................... 6
Federal M andates Statem ent ................................................................................. 6
Advisory Com m ittee Statem ent .............................................................................. 6
Applicability to the Legislative Branch ................................................................. 6
Duplication of Federal Program s ............................................................................ 6
Perform ance Goals and Objectives ......................................................................... 6
E arm ark Statem ent ................................................................................................. 7
Changes in Existing Law Made by the Bill, as Reported ................. 7
SUMMARY AND PURPOSE OF LEGISLATION
H.R. 9716, the Increasing Baseline Updates Act, requires the
Congressional Budget Office (CBO) to produce at least two baseline
updates per year in addition to the primary baseline CBO is re-
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