Congressional Budget Office Cost Estimate: H.R. 3283, to Repeal the Joint Resolution Entitled 'A Joint Resolution to Promote Peace and Stability in the Middle East' [open pdf - 153KB]
This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the House Committee on Foreign Affairs on May 19, 2021. From the Document: "H.R. 3283 would repeal Public Law 85-7, which, enacted in 1957, authorized a program of military and economic support to Middle Eastern nations threatened by international Communism. The law also authorized the President to deploy armed forces to defend U.S. allies in the region against Communist aggressors. No administration ever cited the legal authorities of P.L. 85-7 as the basis for military operations. Because of the collapse of the Soviet Union and the diminished security threat currently posed by international Communism, CBO does not anticipate the Administration will justify military deployments under the authority of P.L. 85-7. CBO estimates that repealing the authorizing legislation would not affect spending to support military operations in the Middle East; thus enacting the bill would not affect the federal budget."
Congressional Budget Office: https://www.cbo.gov/