No Bias in the Baseline Act

S 4660, the "No Bias in the Baseline Act," modifies how federal budget baselines are calculated under the Balanced Budget and Emergency Deficit Control Act of 1985. It requires baselines to project spending and revenue based solely on current laws without inflation adjustments, excludes emergency funds and supplemental appropriations, and clarifies that baselines reflect existing spending levels. This change directly affects federal budget analysts, lawmakers, and agencies that use baseline projections to evaluate fiscal policy and budget proposals. The bill aims to standardize baseline calculations by removing discretionary adjustments for inflation or other factors, ensuring projections reflect current law without external assumptions.