Changes in the baseline

(a) In general Section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 907) is amended— (1) by striking subsection (a) and inserting the following: (a) In general For any biennium, the baseline refers to a projection, based on current laws and the assumption of continuation of current levels of discretionary appropriations, of current-year levels of new budget authority, outlays, revenues, and the surplus or deficit into each fiscal year of the biennium and the outyears based on laws enacted through the applicable date.; (2) in subsection (b)— (A) by striking paragraph (1) and inserting the following: (1) In general Laws providing or creating direct spending and receipts are assumed to operate in the manner specified in those laws for each such year.; (B) by striking paragraph (2); and (C) by redesignating paragraph (3) as paragraph (2); and (3) in subsection (c)— (A) in paragraph (1), in the second sentence, by striking current year and all that follows through the period at the end and inserting current year, excluding resources designated as an emergency requirement and any resources provided in supplemental appropriation laws.; (B) by striking paragraphs (2), (3), (4), and (5); (C) by redesignating paragraph (6) as paragraph (2); and (D) by adding at the end the following: (3) No adjustment for inflation No adjustment shall be made for inflation or for any other factor.. (b) Conforming amendments (1) Section 202(e)(1) of the Congressional Budget Act of 1974 (2 U.S.C. 602(e)(1)) is amended— (A) by inserting and before (B) the levels; and (B) by striking, and (C) and all that follows through 1985. (2) Section 403(a)(3) of the Social Security Act (42 U.S.C. 603(a)(3)) is amended— (A) by striking subparagraph (G); and (B) by redesignating subparagraph (H) as subparagraph (G). (c) Effective date This section and the amendments made by this section shall take effect on January 1, 2027, and shall apply to any baseline projection for the biennium beginning with fiscal year 2028, and each biennium thereafter.