No Bias in the Baseline Act

The No Bias in the Baseline Act modifies how the federal government calculates its budget baseline, which serves as the starting point for determining future spending and tax levels. This change requires the baseline to be based strictly on current laws without adjusting for inflation or other economic factors, while also excluding emergency funding and supplemental appropriations from the calculation. Additionally, the bill mandates that the Congressional Budget Office include alternative fiscal scenarios in its budget reports to provide a broader view of potential financial outcomes. These provisions directly affect the Office of Management and Budget and the Congressional Budget Office by altering the mathematical rules used to project the nation's fiscal health.