ABSTRACT

Congressional Budget Office Cost Estimate: S. 3263: Enhanced Partnership with Pakistan Act of 2008   [open pdf - 57KB]

This Congressional Budget Office Cost Estimate analyzes the cost of Senate Bill 3263 on the Federal government, as a result of its mandates with regard to assistance to Pakistan. "S. 3263 would authorize the appropriation of up to $1.5 billion a year over the 2009-2013 period--a total of up to $7.5 billion over five years--for nonsecurity assistance to Pakistan. CBO estimates that implementing S. 3263 would cost $344 million in 2009 and about $5 billion over the 2009-2013 period, assuming appropriation of the authorized amounts. (Additional spending over the 2014-2018 period would total about $2.5 billion, CBO estimates.) Enacting the bill would not affect direct spending or revenues. S. 3263 contains no intergovernmental mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments. S. 3263 could impose a private-sector mandate, as defined in UMRA, on exporters of major defense equipment. If the Secretary does not certify that the security forces of Pakistan have met certain security standards by 2012 or does not waive the requirement for such certification, the bill would prohibit the export of major defense equipment to Pakistan. CBO cannot determine whether the cost of the mandate, if imposed, would exceed the annual threshold established in UMRA for private-sector mandates ($136 million in 2008, adjusted annually for inflation)."

Publisher:
Date:
2008-09-26
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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