Budget and forecasting report regarding the cost of direct disaster loans

(a) Budget formulation and forecasting Not later than 30 days after the date of enactment of this Act, the Administrator shall submit to the appropriate committees of Congress a report detailing corrections the Administration will make to improve forecasting, data quality, and budget assumptions relating to budget submissions relating to amounts made available for the cost of direct loans authorized by section 7(b) of the Small Business Act (15 U.S.C. 636(b)). (b) Updates Not later than 90 days after the date of enactment of this Act, and every 90 days thereafter until the date that is 90 days after the date on which all the corrections described in subsection (a) have been implemented, the Administrator shall submit to the appropriate committees of Congress a report— (1) detailing the actions the Administration has taken to implement the corrections described in subsection (a); and (2) explaining how each action detailed under paragraph (1) is directly related to implementing 1 or more corrections described in subsection (a).

(a) Budget formulation and forecasting Not later than 30 days after the date of enactment of this Act, the Administrator shall submit to the appropriate committees of Congress a report detailing corrections the Administration will make to improve forecasting, data quality, and budget assumptions relating to budget submissions relating to amounts made available for the cost of direct loans authorized by section 7(b) of the Small Business Act (15 U.S.C. 636(b)). (b) Updates Not later than 90 days after the date of enactment of this Act, and every 90 days thereafter until the date that is 90 days after the date on which all the corrections described in subsection (a) have been implemented, the Administrator shall submit to the appropriate committees of Congress a report— (1) detailing the actions the Administration has taken to implement the corrections described in subsection (a); and (2) explaining how each action detailed under paragraph (1) is directly related to implementing 1 or more corrections described in subsection (a).