Budget Reform Legislation Would End Automatic Spending Increases
WASHINGTON, D.C. – Today the House of Representatives passed legislation to eliminate the automatic inflation of federal spending applied to the discretionary budget baseline amount. Congressman Kevin Cramer voted in favor of the Baseline Reform Act, and said the legislation promotes greater transparency in government spending.
“Automatic increases make it easier for Congress to inflate spending while still calling it a cut. Americans deserve transparency at all levels of government, and this bill provides more of it by eliminating assumed spending increases from the baseline,” said Cramer.
The legislation also codifies the current Congressional Budget Office (CBO) practice of providing a long-term economic and budget outlook no later than July 1 of each year. These reports ensure the long-term demographic changes of the U.S. population and their impact on the federal budget are taken into consideration.