This is updated more or less in real time, and shows S.365 as the subject of debate. I think the previous link (from Senate Active Legislation page) has the correct legislative text.
Ryan says "We are actually cutting spending." Is it true, or false, that the proposed bill reduces federal outlays below the current levels?
Ryan has exposed himself as nothing special. This is just BAD.
Unless they’ve done away with baseline budgeting, Paul Ryan just lied through his teeth.
Depends, I suppose?
For example, as more people join the ranks of Social Security (aging boomers), spending on that would increase. Let's say demographic growth is 6%. So if they "cut" the spending increase to 3%, that means less spending per capita.
But there's no reason to keep discretionary spending even at its current levels, never mind baselining it out.