Federal budget officials would send Congress updated projections and data

The Congressional Budget Office director would send the House and Senate budget committees at least two updates to its budget baseline report. The baseline report presents budget projections. The requirement would apply only to the extent practicable and unless the two budget committee chairs direct otherwise. At least one update would include the economic data used to calculate it.

The President would send Congress annual technical budget figures. The figures would cover the fiscal year starting in the next calendar year, with updated current-year and prior-year estimates and revised current-year estimates for federal credit programs. The submission and February 1 deadline would apply to the extent practicable. The annual submission would be due on or before February 1.