The Increasing Baseline Updates Act requires the Congressional Budget Office (CBO) to provide Congress with at least two updates to its annual budget projections each year, unless directed otherwise by congressional budget committee chairs. One of these updates must include the economic data used for the calculations. Additionally, the President must submit technical budget data to Congress by February 1 each year, as much as is feasible. This aims to enhance the transparency and accuracy of federal budget projections.
H.R. 6470 was introduced in the 119th Congress by Blake Moore (Republican) and is currently listed as “Reported by Committee”. It is classified under the Economics and Public Finance policy area, one of 42 bills in that area we track this Congress.
Blake Moore is the sponsor of 9 bills in our database this Congress, so H.R. 6470 is part of a broader legislative agenda rather than a one-off proposal.
Our conflict-of-interest analysis rates H.R. 6470 2/10 (low risk), higher than 76% of analyzed bills; the average in Economics and Public Finance is 3.1/10.
Supporters of the Increasing Baseline Updates Act argue that it will improve the accuracy and timeliness of federal budget information, allowing Congress to make more informed decisions. They highlight that more frequent updates from the CBO will help policymakers respond to changing economic conditions and better manage federal spending.
Critics of the Increasing Baseline Updates Act express concerns about the potential for increased bureaucracy and the burden it may place on the CBO. Some argue that the requirement for additional updates could lead to unnecessary complexity and may not significantly improve the budgeting process. There are also worries that the bill could politicize the CBO's work by increasing pressure for more frequent updates.
The analysis of H.R. 6470, sponsored by Blake Moore, reveals no direct industry overlaps between the bill's subject matter and the sponsor's top donor industries. The primary donor industries for Moore include Health Professionals, contributing a substantial $120,000,000, and Retired individuals, contributing $37,500,000. While the health sector is a significant donor, the bill does not appear to directly address health-related issues, which mitigates the potential for conflicts of interest. The absence of PAC contributions further indicates that the funding is primarily from individual donors, which may reduce the influence of organized interests. Voters should be aware that while large donations can raise concerns, in this case, the lack of direct overlap suggests a lower risk of conflicts.
Top industries funding Blake Moore, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
What does H.R. 6470 do?
The Increasing Baseline Updates Act requires the Congressional Budget Office (CBO) to provide Congress with at least two updates to its annual budget projections each year, unless directed otherwise by congressional budget committee chairs. One of these updates must include the economic data used for the calculations. Additionally, the President must submit technical budget data to Congress by…
Has H.R. 6470 received a floor vote?
No roll-call vote on H.R. 6470 is recorded in our database yet. Its current status is “Reported by Committee”.
Does H.R. 6470 have a conflict of interest?
Our conflict-of-interest analysis rates H.R. 6470 2/10 (low risk), higher than 76% of analyzed bills; the average in Economics and Public Finance is 3.1/10. This score reflects overlap between the sponsor’s campaign funding, lobbying activity, and the industries the bill affects. It is a transparency indicator, not an accusation.
What is the status of H.R. 6470?
H.R. 6470 is currently “Reported by Committee” as of our last update on September 18, 2026.
Who sponsored H.R. 6470?
H.R. 6470 was sponsored by Blake Moore (Republican).
