Congressional Budget Office Scheduling Reform Act
Congressional Budget Office Scheduling Reform Act
Plain Language Summary
# Congressional Budget Office Scheduling Reform Act (HR 6140) - Summary **What the Bill Does** This bill would require the Congressional Budget Office (CBO)—an independent agency that provides Congress with financial analysis and budget information—to publish an annual schedule showing when it will release its major reports. The schedule would need to be posted on the CBO's website by December 31 each year and include expected publication dates for four main reports: the budget baseline forecast, deficit reduction options, accuracy reviews of past projections, and reports on unauthorized spending programs. The CBO could update this schedule throughout the year as needed. **Who It Affects and Why It Matters** This bill primarily affects Congress, the CBO, and the public who rely on budget information.
By requiring a published schedule, the bill aims to make the CBO's work more transparent and predictable, allowing lawmakers and the public to plan when important budget reports will be available. It's a relatively minor administrative reform with no direct impact on federal spending or programs. **Current Status** The bill is currently in committee and has not yet been voted on by the full House of Representatives.
CRS Official Summary
Congressional Budget Office Scheduling Reform ActThis bill requires the Congressional Budget Office (CBO) to annually publish a schedule of the expected publication dates of its major recurring reports.The schedule must must include, at a minimum, the expected publication dates forthe baseline for the budget year and subsequent updates,the report on options to reduce the deficit,the report on the accuracy of budgetary projections for the most recently completed fiscal year, andthe report on programs or activities with unauthorized appropriations.CBO must (1) publish the schedule on its public website no later than December 31 of each year, and (2) update the schedule during the following calendar year as necessary.
Latest Action
Referred to the House Committee on the Budget.