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HR 3578 - Amends Budget Baseline - National Key Vote

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Title: Amends Budget Baseline

Vote Smart's Synopsis:

Vote to pass a bill that eliminates the inflation adjustment from the formula used to calculate the federal budget baseline.

Highlights:

  • Repeals the inflation adjustment from the formula used to calculate the budget baseline, and specifies that the baseline shall consist only of estimated and current-year appropriations (Sec. 2).
  • Defines the “baseline” as an annual projection of the current year budget and the surplus or deficit for the current year, the budget year, and the 9 subsequent years (Sec. 2).

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