In the Federal budget a budget that projects estimated budget authority and outlays for the upcoming fiscal year based on the continuance of existing programs without policy changes at the same levels of service as the fiscal year in progress. The Congressional Budget and Impoundment Control Act of 1974 requires that the President submit a current services budget to the Congress by November 10 of each year. To the extent mandated by existing law, estimates take into account anticipated changes in economic conditions (such as unemployment or inflation), different caseloads, pay increases, and benefit changes.