ABSTRACT

Letter to Nancy Pelosi from Douglas W. Elmendorf, Director, Congressional Budget Office, Congressional Budget Office Cost Estimate for H.R. 1: The American Recovery and Reinvestment Act of 2009, February 13, 2009   [open pdf - 860KB]

"The Congressional Budget Office has reviewed the conference agreement for H.R. 1, the American Recovery and Reinvestment Act of 2009, as posted on the Web site of the House Committee on Rules. We have enclosed two tables with this letter: one that summarizes the estimated budgetary impacts of the legislation and another, more detailed table that shows the budgetary effects by title. Combining both spending and revenue effects, CBO estimates that enacting the conference agreement for H.R. 1 would increase federal budget deficits by $185 billion over the remaining months of fiscal year 2009, by $399 billion in 2010, by $134 billion in 2011, and by $787 billion over the 2009-2019 period."

Publisher:
Date:
2009-02-13
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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