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Congressional Budget Office Cost Estimate: H.R. 1628: The American Health Care Act, Incorporating Manager's Amendments 4, 5, 24, and 25
"At your request, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) have prepared an estimate of the direct spending and revenue effects of H.R. 1628, the American Health Care Act, as posted on the website of the House Committee on Rules on March 22, 2017, incorporating manager's amendments 4, 5, 24, and 25. As a result of those amendments, this estimate shows smaller savings over the next 10 years than the estimate that CBO issued on March 13 for the reconciliation recommendations of the House Committee on Ways and Means and the House Committee on Energy and Commerce.
The estimated effects on health insurance coverage and on premiums for health insurance
are similar to those estimated for the committees' recommendations."
United States. Congressional Budget Office
2017-03-23
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Congressional Budget Office Cost Estimate: S. 218: Social Security Fraud Prevention Act of 2017
"S. 218 would prohibit federal agencies from including social security account numbers on any documents sent by mail unless the agency determines that inclusion of the number is necessary. There are many federal laws and regulations that address the protection of sensitive information including the Federal Information Security Management Act, the Privacy Act of 1974, and a 2007 memorandum from the Office of Management and Budget on safeguarding and responding to the disclosure of personally identifiable information. Because of those laws and rules, CBO [Congressional Budget Office] expects that most agencies are working to limit the amount of personally identifiable information that they collect and disseminate. As a consequence, CBO estimates that implementing S. 218 would have no significant cost over the next five years."
United States. Congressional Budget Office
2017-03-23
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Congressional Budget Office Cost Estimate: S. 188: EGO Act
"S [Senate Bill]. 188 would amend federal law to prohibit the use of federal funds to pay for official painted portraits of any officer or employee of the federal government, including the President, Vice President, Cabinet members, and Members of Congress. The legislation would not apply to the judicial branch. [...] CBO [Congressional Budget Office] estimates that enacting S. 188 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 188 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no budgets of state, local, or tribal governments."
United States. Congressional Budget Office
2017-03-24
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2017 Long-Term Budget Outlook
"The Congressional Budget Office's extended baseline shows the budget's long-term path under most of the same assumptions that the agency uses, in accordance with statutory requirements, in constructing its 10-year baseline. Both baselines incorporate the assumptions that current law generally remains unchanged but that some mandatory programs are extended after their authorizations lapse and that spending for Medicare and Social Security continues as scheduled even if their trust funds are exhausted. Unless otherwise specified, Medicare outlays are presented net of offsetting receipts, which reduce outlays for the program. This report's projections are consistent with the 10-year budget and economic projections that CBO [Congressional Budget Office] released in January 2017. They do not incorporate any effects of the Administration's executive orders or administrative actions since then."
United States. Congressional Budget Office
2017-03
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Federal Debt and the Statutory Limit, March 2017
From the Summary on the Congressional Budget Office website: "The debt limit-commonly referred to as the debt ceiling-is the maximum amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. That amount is set by law and has been increased over the years in order to finance the government's operations. Currently, there is no statutory limit on the issuance of new federal debt because the Bipartisan Budget Act of 2015 (Public Law 114-74), enacted in November 2015, suspended the debt ceiling through March 15, 2017. On March 16, the limit will be reset to reflect cumulative borrowing through the period of suspension."
United States. Congressional Budget Office
2017-03-07
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Congressional Budget Office Cost Estimate: H.R. 624: Social Security Fraud Prevention Act of 2017
"H.R. 624 would prohibit federal agencies from including social security account numbers on any documents sent by mail unless the agency determines that inclusion of the number is necessary. There are many federal laws and regulations that deal with the protection of sensitive information including the Federal Information Security Management Act, the Privacy Act of 1974, and a 2007 memorandum from the Office of Management and Budget on safeguarding against and responding to the breach of personally identifiable information. Because of those laws and rules, CBO [Congressional Budget Office] expects that most agencies are working to limit the amount of personally identifiable information that they collect and disseminate. As a consequence, CBO estimates that implementing H.R. 624 would have no significant cost over the next five years. Enacting the legislation could affect direct spending by agencies not funded through annual appropriations; therefore, pay-as-you-go procedures apply. CBO estimates, however, that any net increase in spending by those agencies would be negligible. Enacting H.R. 624 would not affect revenues. CBO estimates that enacting H.R. 624 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 624 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments."
United States. Congressional Budget Office
2017-02-24
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Congressional Budget Office Cost Estimate: H.R. 133: A Bill to Reduce Federal Spending and the Deficit by Terminating Taxpayer Financing of Presidential Election Campaigns
"H.R. 133 would amend federal law to eliminate the Presidential Election Campaign Fund (PECF). Specifically, the bill would: [1] End taxpayers' option to designate a portion of their federal income tax to be
credited to the PECF; [2] Eliminate the authority to spend balances in the PECF on Presidential campaigns; and [3] Transfer a portion of the remaining balances in the PECF to the 10-Year Pediatric Research Initiative Fund (PRIF) and the remainder to the general fund of the Treasury. CBO [Congressional Budget Office] estimates that implementing H.R. 133 would have a discretionary cost of $63 million over the 2017-2022 period, assuming that amounts specified to be transferred to the PRIF are appropriated. In addition, we estimate that enacting H.R. 133 would reduce direct spending by $4 million over the 2017-2027 period, by ending the authority to spend federal funds on Presidential campaigns. Because enacting the bill would affect direct spending, pay-as-you-go procedures apply. Enacting the bill would not affect
revenues."
United States. Congressional Budget Office
2017-02-22
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Update to the Budget and Economic Outlook: 2016 to 2026
"In fiscal year 2016, the federal budget deficit will increase in relation to economic output for the first time since 2009, the Congressional Budget Office [CBO] estimates. If current laws generally remained unchanged an assumption underlying CBOs baseline projections deficits would continue to mount over the next 10 years, and debt held by the public would rise from its already high level. CBOs estimate of the deficit for 2016 has increased since the agency issued its previous estimates in March, primarily because revenues are now expected to be lower than earlier anticipated. In contrast, the cumulative deficit through 2026 is smaller in CBOs current baseline projections than the shortfall projected in March, chiefly because the agency now projects lower interest rates and thus lower outlays for interest payments on federal debt. Nevertheless, by 2026, the deficit is projected to be considerably larger relative to gross domestic product (GDP) than its average over the past 50 years. CBOs economic forecast which serves as the basis for its budget projections indicates that, after a tepid expansion in the first half of 2016, economic growth will pick up in the second half of the year. That faster pace is expected to continue through 2017 before moderating in 2018. In CBOs estimation, the faster growth over the next two years will spur hiring, increase employment and wages, and put upward pressure on inflation and interest rates. In the latter part of the 10-year projection period, however, output will be constrained by a relatively slow increase in the nations supply of labor."
United States. Congressional Budget Office
2016-08
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Congressional Budget Office Cost Estimate: H.R. 883: Targeting Child Predators Act of 2017
"H.R. 883 would amend the current process for issuing nondisclosure requirements for subpoenas in certain cases of child exploitation. Under current law, a formal court order is needed for such nondisclosure requirements. Under the bill, a nondisclosure requirement could be placed on a subpoena if the subpoena is issued concurrently with a certification that disclosure of the summons could have certain adverse consequences on the defendant or the trial; a formal court order would no longer be necessary. Based on an analysis of information provided by the Administrative Office of the U.S. Courts on the number of cases that would be affected by the bill, CBO [Congressional Budget Office] estimates that implementing H.R. 883 would have no significant effect on the federal budget."
United States. Congressional Budget Office
2017-04-26
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Congressional Budget Office Cost Estimate: H.R. 24: Federal Reserve Transparency Act of 2017
"H.R. 24 would amend federal law regarding audits of the Federal Reserve System. Specifically, the bill would direct the Government Accountability Office (GAO) to prepare, within 12 months of enactment, an audit of the Board of Governors of the Federal Reserve System and the Federal Reserve banks. The bill would also repeal prohibitions under current law that prevent GAO from auditing the Federal Reserve's monetary policy and any of the Federal Reserve's transactions involving a foreign central bank, the government of a foreign country, or a nonprivate international financing organization. CBO [Congressional Budget Office] expects that the removal of those prohibitions would result in future requests from Members of Congress for GAO to conduct additional oversight and analysis of the Federal Reserve System on a periodic basis."
United States. Congressional Budget Office
2017-04-18
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Congressional Budget Office Cost Estimate: H.R. 1808: Improving Support for Missing and Exploited Children Act of 2017
This is a Congressional Budget Office (CBO) cost estimate for H.R. 1808: Improving Support for Missing and Exploited Children Act of 2017. From the document: "The National Center for Missing and Exploited Children (NCMEC) is a nonprofit organization funded mostly by the Department of Justice. H.R. 1808 would make several changes to the laws that govern the use of funds provided to NCMEC. Most of the changes would aim to streamline and reorganize how those funds are used and CBO estimates that implementing the bill would have no significant cost to the federal government. Enacting the legislation would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 1808 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 1808 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments."
United States. Congressional Budget Office
2017-04-19
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Congressional Budget Office Cost Estimate: H.R. 1372: Homeland Security for Children Act
"H.R. 1372 would require the Federal Emergency Management Agency (FEMA) to identify and integrate children's needs when preparing for, responding to, recovering from, and mitigating against natural disasters, acts of terrorism, and other manmade disasters. The bill would authorize FEMA to appoint a technical expert on children's needs to coordinate
the integration of the bill's requirements. The bill also would direct the Department of
Homeland Security (DHS) to submit to the Congress an annual report describing the agency's efforts to integrate children's needs into DHS polices. Based on information provided by DHS, CBO [Congressional Budget Office] estimates that implementing the bill would have no significant effect on the federal budget. Enacting the legislation would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply."
United States. Congressional Budget Office
2017-04-21
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2017 Budget and Economic Outlook
This document is a presentation from the Congressional Budget Office (CBO) on the 2017 Economic and Budget Outlook. The presentation begins with the CBO's mission, organizational structure, and role in developing legislative policy. The presentation then gives charts, graphs, and data on the 10-year budget outlook, long-term budget outlook, and methods of addressing the Budget Imbalance. From the Summary on the CBO website: "CBO's economic forecast-which underlies its budget projections-indicates that under current law, economic growth over the next two years would remain close to the modest rate observed since the end of the recession in 2009. Nevertheless, economic growth would continue to outpace growth in potential (maximum sustainable) GDP and thus continue to reduce the amount of underused resources, or slack, in the economy. The result would be increases in hiring, employment, and wages, along with upward pressure on inflation and interest rates. In the later part of the 10-year projection period, output growth would be constrained by a relatively slow increase in the nation's supply of labor."
United States. Congressional Budget Office
Werling, Jeff F.
2017-05-05
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Congressional Budget Office Cost Estimate: S. 770: MAIN STREET Cybersecurity Act of 2017
"S. [Senate Bill] 770 would direct the National Institute of Standards and Technology (NIST) to provide resources to small businesses to help them reduce their cybersecurity risks. Under the bill, NIST would be required to provide and update tools, methodologies, guidelines, and other resources to small business to use on a voluntary basis. Based on an analysis of information from NIST, CBO [Congressional Budget Office] estimates that implementing S. 770 would cost $6 million over the 2018-2022 period, including $2 million in 2018 for NIST to consult with several federal agencies and develop such resources and an additional $4 million over the 2019-2022 period to update those resources; such spending would be subject to the availability of appropriated funds. Enacting S. 770 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 770 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028."
United States. Congressional Budget Office
2017-05-05
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Congressional Budget Office Cost Estimate: H.R. 115: Thin Blue Line Act
"H.R. [House Bill] 115 would require federal courts to consider the murder, attempted murder, or targeting of a law enforcement official or first responder as an aggravating circumstance when determining if a death sentence is warranted for a convicted felon. Based on an analysis of information provided by the Administrative Office of the U.S. Courts about the number of trials the bill would probably affect, CBO [Congressional Budget Office] estimates that implementing H.R. 115 would have no significant effect on the federal budget. Enacting H.R. 115 could affect direct spending and revenues; therefore, pay-as-you-go procedures apply."
United States. Congressional Budget Office
2017-05-08
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Congressional Budget Office Cost Estimate: H.R. 1039: Probation Officer Protection Act of 2017
"H.R. [House Bill] 1039 would amend current law to allow federal probation officers to arrest a person if there is probable cause that the person has assaulted, intimidated, or otherwise interfered with any probation officers while performing their official duties. The bill also would direct the Administrative Office of the U.S. Courts (AOUSC) to implement rules and regulations governing probation officers' conduct while exercising that authority. Based on an analysis of information provided by the AOUSC about the very small number of arrests that would probably occur under the bill, CBO [Congressional Budget Office] estimates that implementing H.R. 1039 would have no significant effect on the federal budget."
United States. Congressional Budget Office
2017-05-05
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Congressional Budget Office Cost Estimate: S. 585: Dr. Chris Kirkpatrick Whistleblower Protection Act of 2017
"S. 585 would require the Government Accountability Office (GAO) to prepare two reports and would modify several personnel and administrative procedures at federal agencies-some of which would be specific to the Department of Veterans Affairs (VA). CBO [Congressional Budget Office] estimates that implementing S. 585 would cost $3 million over the 2018-2022 period; that spending would be subject to the availability of appropriated funds. Enacting S. 585 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. The two reports by GAO would discuss retaliation against employees on probationary status and assess management and staffing levels of police officers at VA medical centers. On the basis of costs for similar reports, CBO estimates that completing those reports would cost $2 million over the 2018-2022 period. Additionally, on the basis of information from VA and the Office of Special Counsel, CBO expects that individually, provisions modifying procedures at VA and other federal agencies would have an insignificant budgetary effect because they would either largely codify current practice or affect few people. In total, however, CBO estimates that implementing those provisions would, in total, cost $1 million over the 2018-2022 period."
United States. Congressional Budget Office
2017-05-01
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Congressional Budget Office Cost Estimate: S. 190: Power and Security Systems (PASS) Act
This is a Congressional Budget Office (CBO) cost estimate for S. 190: Power and Security Systems (PASS) Act . From the document: "The Department of Energy (DOE) sets energy efficiency standards for external power supplies (EPS), which convert power drawn from a wall outlet into lower voltage power that can be used directly by certain electronic devices. Under current law, EPS designed to provide power to some types of alarms and surveillance systems for security or safety are exempt from such standards until July 1, 2017. S. 190 would permanently exclude such EPS from those standards and authorize the Secretary of Energy to treat some or all of those devices as a separate product class. CBO estimates that enacting S. 190 would have no significant effect on the federal budget. Based on information from DOE, we expect that any change in the agency's costs to regulate or establish standards for technologies affected by the bill (which would be subject to appropriation) would be insignificant in any year. Enacting S. 190 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 190 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 190 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments."
United States. Congressional Budget Office
2017-04-20
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Congressional Budget Cost Estimate: H.R. 1224: NIST Cybersecurity Framework, Assessment, and Auditing Act of 2017
"H.R. 1224 would direct the National Institute of Standards and Technology (NIST) to perform several new duties to promote and audit the compliance of federal agencies with federal guidelines and requirements for managing cybersecurity and other information risks. Based on an analysis of information from NIST and several of the affected agencies, CBO [Congressional Budget Office] estimates that implementing the bill would cost $48 million over the 2018-2022 period, assuming appropriation of the necessary amounts. Enacting H.R. 1224 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 1224 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 1224 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."
United States. Congressional Budget Office
2017-05-02
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Congressional Budget Office Cost Estimate: H.R. 510: Rapid DNA Act of 2017
"H.R. 510 would direct the Federal Bureau of Investigation (FBI) to issue standards and procedures for the use of certain automated processes to analyze DNA samples. The agency is currently undertaking activities to prepare for increased use of such enhanced analyses. Based on information from the FBI, CBO [Congressional Budget Office] estimates that implementing the bill would cost less than $500,000 annually; such spending would be subject to the availability of appropriated funds. Enacting the legislation would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 510 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028."
United States. Congressional Budget Office
2017-05-09
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Final Sequestration Report for Fiscal Year 2017
"In general, after a session of Congress ends, the Congressional Budget Office [CBO] is required to issue a report that provides estimates of the limits (often called caps) on discretionary budget authority that are in effect for each fiscal year through 2021. As part of that requirement, CBO also must report whether, according to its estimates, enacted legislation for the current fiscal year has exceeded those caps. If so, a sequestration (that is, a cancellation of budgetary resources) would be required. [...] In CBO's estimation, a sequestration will not be required for 2017. However, the authority to determine whether a sequestration is required and, if so, exactly how to make the necessary cuts in budget authority rests with the Administration's Office of Management and Budget (OMB). Those determinations are based on OMB's own estimates of federal spending."
United States. Congressional Budget Office
2017-05
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Congressional Budget Office Cost Estimate: H.R. 1862: Global Child Protection Act of 2017
"H.R. [House Bill] 1862 would broaden the coverage of current laws relating to unlawful sexual conduct with minors. As a result, the government might be able to pursue cases that it otherwise would not be able to prosecute. CBO [Congressional Budget Office] expects that the bill would apply to a relatively small number of offenders, however, so any increase in costs for law enforcement, court proceedings, or prison operations would not be significant. Any such costs would be subject to the availability of appropriated funds. Enacting the bill could affect direct spending and revenues; therefore, pay-as-you-go
procedures apply."
United States. Congressional Budget Office
2017-05-12
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Congressional Budget Office Cost Estimate: H.R. 2205: Data Security Act of 2015
"H.R. 2205 would establish a new law to require businesses to take reasonable steps to protect personal information they maintain in electronic form. Further, H.R. 2205 would require those entities, in the event of a breach in their security systems, to notify individuals whose personal information has been accessed and acquired as a result of the breach. Forty-seven states have laws that govern data security; H.R. 2205 would pre-empt many of those statutes. Finally, H.R. 2205 would require the Federal Trade Commission (FTC) and many of the financial regulatory agencies to enforce the requirements of the bill."
United States. Congressional Budget Office
2016-09-29
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Congressional Budget Office Cost Estimate: H.R. 5460: First Responder Access to Innovative Technologies Act
"The Federal Emergency Management Agency (FEMA) provides grants to help state, local, and tribal governments develop their capacity to prevent, prepare for, and respond to acts of terrorism. Under current law, equipment purchased using such grants must meet voluntary standards, developed by FEMA in coordination with appropriate federal agencies, the National Advisory Council, and private entities. Requests to use grants to purchase equipment that does not meet such standards, or for which no such standards exist, are subject to further review and approval by FEMA. H.R. 5460 would require FEMA to implement a uniform process for reviewing applications for grants intended to support purchases of innovative equipment that does not meet or exceed current applicable standards or for which no voluntary standards exist. The bill also would require the Inspector General of the Department of Homeland Security to assess and report on FEMA's implementation of the new review process."
United States. Congressional Budget Office
2016-09-28
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Congressional Budget Office Cost Estimate: H.R. 3537: Dangerous Synthetic Drug Control Act of 2016
"CBO [Congressional Budget Office] estimates that implementing H.R. 3537 would have no significant cost to the federal government. Enacting the bill could affect direct spending and revenues; therefore, pay-as-you-go procedures apply. However, CBO estimates that any effects would be insignificant. CBO estimates that enacting the legislation would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. H.R. 3537 would expand the list of substances regulated under the Controlled Substances Act (title II of Public Law 91-513, the Comprehensive Drug Abuse Prevention and Control Act of 1970) to include cannabimimetic agents and other synthetic drugs. As a result, the government might be able to pursue cases involving drug use that it otherwise would not be able to prosecute. CBO expects that H.R. 3537 would apply to a relatively small number of additional offenders, however, so any increase in costs for law enforcement, court proceedings, or prison operations would not be significant. Any such costs would be subject to the availability of appropriated funds."
United States. Congressional Budget Office
2016-09-30
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Congressional Budget Office Cost Estimate: H.R. 2669: Anti-Spoofing Act of 2016
This is a Congressional Budget Office (CBO) cost estimate for H.R. 2669: Anti-Spoofing Act of 2016. "Under current law, the Federal Communications Commission (FCC) has the authority to levy penalties and criminal fines against individuals that use fake information about a caller's identification to defraud or harm another. H.R. 2669 would expand that authority to include the use of text messages and would apply the authority to violators outside of the United States if the recipient is within the United States. The bill also would direct the FCC to develop consumer education materials that provide information for consumers on identifying fraudulent caller activities. Finally, H.R. 2669 would direct the Government Accountability Office (GAO) to conduct a study on actions taken by the FCC to combat the provision of inaccurate caller information and identify additional steps that could be taken by the agency. Based on an analysis of information from the FCC about the agency's current enforcement capabilities, CBO [Congressional Budget Office] estimates that implementing H.R. 2669 would increase the agency's costs by less than $500,000 to enforce the expanded prohibition and to update current consumer education materials. Moreover, the FCC is authorized to collect fees sufficient to offset the costs of its regulatory activities each year; therefore, CBO estimates that the net effect on discretionary spending would be negligible, assuming appropriation actions consistent with that authority. Based on the costs of similar reports conducted by GAO, CBO estimates that the increased costs to conduct the required study would be insignificant."
United States. Congressional Budget Office
2016-10-14
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Congressional Budget Office Cost Estimate: H.R. 5600: No Hero Left Untreated Act
This is a Congressional Budget Office (CBO) cost estimate for H.R. 5600: No Hero Left Untreated Act. "H.R. 5600 would require the Department of Veterans Affairs (VA) to establish a one-year pilot program to treat a limited number of veterans with post-traumatic stress disorder, traumatic brain injury, military sexual trauma, chronic pain, or opiate addiction by using Magnetic eResonance Therapy technology (MeRT technology). The bill also would require VA to report to the Congress on the results of that pilot program. MeRT technology is a customized neurological treatment that uses magnetic pulses to stimulate brain tissue. The Brain Treatment Center (BTC) in Southern California developed the MeRT technology and has proprietary rights to the treatment. Over the 2012-2015 period, the center has treated more than 400 veterans at four locations in the state of California and the state of Washington. Under this proposal, VA would be required to carry out the one-year pilot program with no more than 50 veterans in one or two medical facilities. Because the technology is proprietary, we expect that VA would contract with BTC to provide MeRT technology to those veterans. On the basis of information from BTC, CBO expects the average patient at VA would undergo an initial assessment at a cost of $1,000 and at least 20 MeRT sessions over a 30-day period at a cost of $22,000. On that basis, CBO estimates that implementing this bill would cost $1 million over the 2017-2021 period; that spending would be subject to the availability of appropriated funds."
United States. Congressional Budget Office
2016-10-13
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Congressional Budget Office Cost Estimate: S.2643: Pueblo de Cochiti Self-Governance Act
"S. 2643 would ratify a settlement agreement between the Pueblo de Cochiti of New Mexico (the pueblo) and the Army Corps of Engineers (Corps). The agreement would transfer responsibility for managing the Cochiti Dam drainage system from the Corps to the pueblo and would transfer all funds in the system's operation and maintenance fund to a tribal fund held in trust for the pueblo. The bill would prohibit certain types of gaming on any lands acquired by the pueblo using those funds. CBO [Congressional Budget Office] estimates that enacting S. 2643 would increase direct spending by $5 million over the 2017-2026 period. Pay-as-you-go procedures apply because enacting S. 2643 would increase direct spending. Enacting the bill would not affect revenues. CBO estimates that enacting the legislation would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. S. 2643 contains no intergovernmental or private sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would benefit the pueblo. Any costs to the tribal government would be incurred voluntarily as a result of entering into the settlement agreement as ratified in the bill."
United States. Congressional Budget Office
2016-10-27
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Congressional Budget Office Cost Estimate: S. 2055: Medical Countermeasure Innovation Act of 2016
From the summary: "S. 2055 would authorize two programs to invest in research and to provide incentives for developing medical countermeasures. One program would authorize the Secretary of Health and Human Services (HHS) to enter into an agreement with an independent entity that fosters the development of medical countermeasures. The bill also would create an incentive program that awards vouchers for priority review to companies that obtain Food and Drug Administration (FDA) approval of certain drugs that can be used to counter the effects of biological, chemical, radiological, or nuclear agents. The bill also would require HHS to prepare a five-year budget plan for medical countermeasures. CBO estimates that implementing S. 2055 would cost $94 million over the 2017-2021 period, assuming appropriation of the necessary amounts. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues."
United States. Congressional Budget Office
2016-08-08
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Congressional Budget Office Cost Estimate: H.R. 5640: Electricity Storage Innovation Act
From the summary: "H.R. 5640 would authorize the appropriation of $150 million annually over the 2017-2020 period for the Department of Energy to perform basic research on electric energy storage. Assuming appropriation of the authorized amounts, CBO [Congressional Budget Office] estimates that implementing H.R. 5640 would cost $579 million over the 2017-2021 period. Pay-as-you-go procedures do not apply to this legislation because enacting it would not affect direct spending or revenues. CBO estimates that enacting H.R. 5640 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. H.R. 5640 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments."
United States. Congressional Budget Office
2016-08-08
