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TeachMeFinance.com - explain baseline baseline -- A benchmark for measuring the budgetary effects of
proposed changes in federal revenues or spending. For purposes of the Deficit
Control Act, the baseline is the projection of current-year levels of new
budget authority, outlays, revenues, and the surplus or deficit into the
budget year and out-years based on current laws and policies, calculated
in conformance with the rules set forth in section 257 of that act.
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