H.R. 9452

Budgeting for a Better America Act

Official summary

No official summary yet.

Text of the bill

Expand all

I Biennial Budget Resolutions

II National Commission on Fiscal Responsibility and Reform

III Other Matters

Sec. 303. Annual supplemental budget submission by the President

Section 1106 of title 31, United States Code, is amended by adding at the end the following:

Text this section adds to the law

(d) On or before December 1 calendar year 2028 and each calendar year thereafter, the President shall submit to Congress an administrative budget for the fiscal year beginning in the ensuing calendar year, which shall include up-to-date estimates for current year and prior year data and credit reestimates for the current year (as included in the Federal credit supplement of such budget).