Tag: Senate Budget Committee

Baseline / Baseline Budgeting / Scorekeeping (CongressionalGlossary.com)

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 […]

Congressional Budget Office / CBO (CongressionalGlossary.com)

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 […]

Budget Resolution (CongressionalGlossary.com)

Budget Resolution (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Budget Resolution photo credit: haydnseek Legislation in the form of a concurrent resolution setting forth the congressional budget, but not requiring the president’s signature. The budget resolution establishes various budget totals, divides spending totals into functional categories (e.g., transportation), and may include reconciliation instructions to […]