Lawmakers would get more frequent budget updates to better understand government finances.
This bill would require the Congressional Budget Office to provide at least two budget updates each year, giving lawmakers more current financial information. It would also require the President to submit detailed technical budget data to Congress by February 1st every year. These changes aim to give Congress a clearer and more timely picture of the nation's finances.
Today, the Congressional Budget Office does not have a set number of required annual updates to its budget reports. The President also does not have a specific February 1st deadline to submit detailed technical budget data to Congress. If this bill passes, the CBO would be required to provide at least two budget updates annually, with one including economic data. The President would also be required to send technical budget data to Congress by February 1st each year.
HR 6470 · 119th Congress · December 4, 2025 · AI Summary by gemini-2.5-flash · 9/10
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