Congressional Budget Office Cost Estimate: S. 1681, Intelligence Authorization Act for Fiscal Year 2014   [open pdf - 28KB]

This is the Congressional Budget Office (CBO) Cost Estimate as reported by the Senate Select Committee on Intelligence on November 12, 2013. From the Summary: "S. 1681 would authorize appropriations for fiscal year 2014 for intelligence activities of the U.S. government. Since CBO does not provide estimates for classified programs, this estimate addresses only the unclassified aspects of the bill. On that limited basis, and assuming appropriation of the authorized amounts, CBO estimates that implementing the unclassified provisions of S. 1681 would cost $564 million over the 2014-2019 period. In addition, enacting the bill would increase direct spending by $20 million over the 2014-2024 period by modifying the retirement benefits of certain employees of the Central Intelligence Agency (CIA). CBO also estimates that enacting the bill would have an insignificant effect on revenues in any particular year but would increase revenues by about $1 million over 2014-2024 period. Because enacting the legislation would affect direct spending and revenues, pay-as-you-go procedures apply. S. 1681 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments."

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