Cost Estimate Clarity Act

The Cost Estimate Clarity Act requires the Congressional Budget Office to explain how its cost estimates are influenced by specific baseline assumptions. Under this bill, the CBO must provide a quantitative comparison showing the difference between its current estimates and what costs would be if those assumptions were not used. The report must also identify which specific baseline assumptions caused these differences and clarify when the baseline might underestimate actual federal spending. This change directly affects how budgetary data is presented to Congress, aiming to improve transparency in fiscal analysis.