SEC. 3. THE BASELINE.
(a) DEFINITION.—Section 250(c)(5) of the Balanced
Budget and Emergency Deficit Control Act of 1985 is
amended to read as follows:
‘‘(5)(A)
The
term
‘current
policy
baseline’
means the projection (described in section 257) of
current-year levels of new budget authority, outlays,
receipts, and the surplus or deficit into the budget
year and the outyears.
‘‘(B) The term ‘current funding baseline’ refers
to the baseline as set forth in section 257 without
any adjustment described in section 257(c)(1) for in-
flation other than the adjustment set forth in section
257(c)(2) for expiring housing contracts.’’.
(b)
CONFORMING
AMENDMENTS.—Sections
251,
252, 253, and 254 of the Balanced Budget and Emer-
gency Deficit Control Act of 1985 are amended by insert-
ing ‘‘current policy’’ before ‘‘baseline’’ each place it ap-
pears.
SEC. 4. THE PRESIDENT’S BUDGET.
(a) Paragraph (5) of section 1105(a) of title 31,
United States Code, is amended to read as follows:
‘‘(5) except as provided in subsection (b) of this
section, estimated expenditures and appropriations
for the current fiscal year and estimated expendi-
tures and proposed appropriations the President de-
cides are necessary to support the Government in
the fiscal year for which the budget is submitted and
the 4 fiscal years following that year.’’.
(b) Section 1105(a)(6) of title 31, United States
Code, is amended by inserting ‘‘current fiscal year and
the’’ before ‘‘fiscal year’’.
(c) Section 1105(a)(12) of title 31, United States
Code, is amended by striking ‘‘and’’ at the end of subpara-
graph (A), by striking the period and inserting ‘‘; and’’
at the end of subparagraph (B), and by adding at the end
the following new subparagraph:
‘‘(C) the estimated amount of expenditure and
appropriation for the same activity, if any, in the
current fiscal year.’’.
(d) Section 1105(a) of title 31, United States Code,
is amended by adding at the end the following new para-
graphs:
‘‘(30) a comparison of estimated new budget
authority
and
outlays
for
each
function
and
subfunction for the current fiscal year with proposed
new budget authority and outlays for the fiscal year
for which the budget is submitted, along with the
proposed increase or decrease of spending in per-
centage terms for each function and subfunction.
‘‘(31) a comparison for each function and
subfunction of the current policy baseline level of
new budget authority and outlays for the year for
which the budget is submitted with the proposed
new budget authority and outlays for the year for
which the budget is submitted, including changes in
percentage
terms
for
each
function
and
subfunction.’’.
SEC. 5. CONGRESSIONAL BUDGET.
Section 301(e) of the Congressional Budget Act of
1974 is amended by—
(1) inserting after the second sentence the fol-
lowing: ‘‘As soon as practicable after the President’s
budget submission under section 1105(a) of title 31,
United States Code, the Committee on the Budget
of each House shall provide to its members the esti-
mated level of outlays for the current year in each
function and subfunction.’’; and
(2) striking ‘‘and’’ at the end of paragraph (9),
by striking the period and inserting a semicolon at
the end of paragraph (10), and by adding at the end
the following new paragraphs:
‘‘(11) a comparison (for each function) of esti-
mated outlays and revenues for the current fiscal
year with proposed spending and revenue levels for
the budget year and each outyear, including the in-
crease or decrease (in percentage terms) of spend-
ing; and
‘‘(12) a comparison (for each function) of pro-
posed outlays and revenues for the budget year with
the current policy baseline projection for that year,
including changes (in percentage terms).’’.
SEC.
6.
CONGRESSIONAL
BUDGET
OFFICE
REPORT
TO
COMMITTEES.
(a) The first sentence of section 202(f)(1) of the Con-
gressional Budget Act of 1974 is amended to read as fol-
lows: ‘‘On or before February 15 of each year, the Direc-
tor shall submit to the Committees on the Budget of the
House of Representatives and the Senate a report for the
fiscal year commencing on October 1 of that year with
respect to fiscal policy, including (A) alternative levels of
total revenues, total new budget authority, and total out-
lays (including related surpluses and deficits) compared
to comparable levels for the current year and (B) the levels
of tax expenditures under existing law, taking into account
projected economic factors and any changes in such levels
based on proposals in the budget submitted by the Presi-
dent for such fiscal year.’’.
(b) Section 202(f)(1) of the Congressional Budget
Act of 1974 is amended by inserting after the first sen-
tence the following new sentence: ‘‘That report shall also
include a table on sources of growth in the estimated total
current policy baseline spending for mandatory programs
for the budget year and the ensuing 4 fiscal years, which
shall include changes in outlays attributable to the follow-
ing: cost-of-living adjustments; changes in the number of
program recipients; increases in medical care prices, utili-
zation and intensity of medical care; and residual fac-
tors.’’.
(c) Section 202(f)(3) of the Congressional Budget
Act of 1974 is amended by striking ‘‘and’’ before ‘‘(B)’’
and inserting a comma, and by inserting before the period
at the end the following: ‘‘, and (C) all direct spending
programs’’.
(d) Section 308(a)(1)(C) of the Congressional Budget
Act of 1974 is amended by inserting ‘‘, and shall include
a comparison of those levels to comparable levels for the
current fiscal year’’ before ‘‘if timely submitted’’.
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Full Budget Disclosure
Act of 1994’’.
SEC. 2. PURPOSE.
The purpose of this Act is to require that budget docu-
ments provide the Congress with comprehensive data on
budget trends.
SEC. 3. THE BASELINE.
(a) DEFINITION.—Section 250(c)(5) of the Balanced
Budget and Emergency Deficit Control Act of 1985 is
amended to read as follows:
‘‘(5)(A) The term ‘current policy baseline’ means
the projection (described in section 257) of current-
year levels of new budget authority, outlays, receipts,
and the surplus or deficit into the budget year and
the outyears.
‘‘(B) The term ‘current funding baseline’ refers
to the baseline as set forth in section 257 without any
adjustment described in section 257(c)(1) for inflation
other than the adjustment set forth in section
257(c)(2) for expiring housing contracts.’’.
(b) CONFORMING AMENDMENTS.—Sections 251, 252,
253, and 254 of the Balanced Budget and Emergency Defi-
cit Control Act of 1985 are amended by inserting ‘‘current
policy’’ before ‘‘baseline’’ each place it appears.
SEC. 4. THE PRESIDENT’S BUDGET.
(a) Paragraph (5) of section 1105(a) of title 31, United
States Code, is amended to read as follows:
‘‘(5) except as provided in subsection (b) of this
section, estimated expenditures and appropriations
for the current fiscal year and estimated expenditures
and proposed appropriations the President decides
are necessary to support the Government in the fiscal