H. R. 9716 is a bill that aims to amend the Congressional Budget and Impoundment Control Act of 1974 to require the Congressional Budget Office (CBO) to provide at least two updates to the federal budget baseline each year, with one update including economic data....
Simple Explanation
H. R. 9716 is a plan that says two times a year, the people who watch over the country's money must tell everyone how much money they think will be needed. Plus, once a year, the President has to share important numbers about the country's money with Congress, like a report card.