This bill requires the Congressional Budget Office (CBO) to include the financial costs of executive and judicial actions when calculating the federal budget baseline. Currently, the CBO primarily tracks the costs of laws passed by Congress, but this bill expands that to also measure how much money executive orders, regulations, court decisions, and other executive actions will cost the government over time.

Here's what that means in practical terms: When the President issues an executive order or a federal agency creates a new regulation, those actions often have significant budget impacts—they might require new spending, reduce revenue, or affect how existing money is used. Right now, Congress doesn't have a clear, standardized way to measure these costs. This bill fixes that by requiring federal agencies to document their executive actions and send that information to the CBO within 10 days of implementation. The CBO will then analyze the financial impact and include it in their official budget reports.

The bill also requires the CBO to create a special table in their reports highlighting any executive or judicial actions that cost at least $50 billion over the next 10 years. This makes it easier for Congress and the public to see which executive actions have the biggest budget impacts. Essentially, this is about transparency—making sure everyone can see the true cost of executive branch decisions, not just the cost of laws Congress passes.