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United States Congress

Stop the Baseline Bloat Act of 2024

April 18, 2024

Summary

H.R. 8068, the Stop the Baseline Bloat Act of 2024, is a federal budget-process bill that would amend the Balanced Budget and Emergency Deficit Control Act of 1985 to exclude emergency-designated resources and supplemental appropriations from CBO baseline projections for discretionary spending. This legislation does not regulate mortgage lending, servicing, or any consumer-financial activity, and imposes no compliance obligations on mortgage lenders, brokers, or servicers. The bill is pending before the House Committee on the Budget with no stated effective date and no supersession of any mortgage-related rule.

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Source: https://www.congress.gov/bill/118th-congress/hr-bill/8068

Common questions

What does "Stop the Baseline Bloat Act of 2024" cover?
H.R. 8068, the Stop the Baseline Bloat Act of 2024, is a federal budget-process bill that would amend the Balanced Budget and Emergency Deficit Control…
Which agency issued this update?
This update was issued by United States Congress.
When was it published?
It was published on April 18, 2024.

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