ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 5576, Cyber Deterrence and Response Act of 2018   [open pdf - 91KB]

"H.R. 5576 would codify and broaden existing sanctions on foreign persons and agencies of foreign states that are responsible for or provided support for harmful cyber-attacks on the United States. Several executive orders have imposed sanctions related to similar activities; those sanctions include freezing assets held in the United States and prohibiting entry into the United States. The bill would broaden applicable sanctions to include withdrawing or suspending foreign assistance, voting against loans from international financial institutions, prohibiting federal procurement, denying exports licenses, and blocking financial transfers and payments."

Publisher:
Date:
2018-07-23
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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