S. 4660, titled the "No Bias in the Baseline Act," aims to revise the method used to calculate the baseline budget in the United States. It specifies that the baseline will be based on current laws and assumes the continuation of current levels of discretionary spending. The...
Simple Explanation
S. 4660 is a rule change that says when planning the country's budget, they will look at the money from the past and keep it the same, without making any extra guesses about things like prices going up. This helps keep things simple and steady, like using the same amount of coins in your piggy bank every time.