Congressional Budget Office Cost Estimate: H.R. 3967, Honoring Our Pact Act of 2021   [open pdf - 523KB]

This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the House Committee on Veterans' Affairs on June 24, 2021. From the Document: "H.R. 3967 would increase disability compensation and health care benefits administered by the Department of Veterans Affairs (VA) for veterans who have been exposed to toxic substances, materials, or environments during military service. In the future, veterans who developed conditions linked to toxic exposure also would receive those benefits. Survivors of veterans whose disabilities were caused by toxic exposure would receive additional compensation and access to health care under the bill. Veterans and survivors who had previously been denied compensation for certain conditions would receive retroactive payments. H.R. 3967 also would increase access to other VA benefits, including education assistance and home loan guarantees for some of those veterans and their dependents. Finally, the bill would require VA to conduct studies, prepare reports, and conduct outreach. In total, CBO estimates, enacting H.R. 3967 would increase direct spending by $282 billion and increase spending subject to appropriation by $147 billion over the 2022-2031 period."

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