Baseline / Baseline Budgeting / Scorekeeping (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Baseline / Baseline Budgeting / Scorekeeping   Dan Mitchell Discussing Dishonest Budget Numbers with John Stossel   Baseline: Projection of future revenues, budget authority, outlays, and other budget amounts under assumed economic conditions and participation rates without a change in current policy. The Congressional Budget … Read more

Congressional Budget Office / CBO (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Congressional Budget Office / CBO   Introduction to the Congressional Budget Office   The Congressional Budget Office (CBO) and Government Accountability Office (GAO) principally serve congressional committees with a variety of reports. The Congressional Budget Office assists Congress in understanding the economic and fiscal environment … Read more