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1 1 (July 12, 2019)

handle is hein.congrec/costmrec0001 and id is 1 raw text is: July 12, 2019 Congressional Budget Office ' 7Cost Estimate By Fiscal Year, Millions of Dollars 2019 2019-2024 2019-2029 Direct Spending (Outlays) 0 50 200 Revenues Deficit Effect 0 0 0 50 0 200 The bill would * Prohibit future auctions of leases for oil and gas development in the Atlantic and Pacific regions of the Outer Continental Shelf (OCS) Estimated budgetary effects would primarily stem from * Reducing collection of offsetting receipts from offshore oil and gas leases * Reducing spending subject to appropriation for administrative expenses related to leasing activities in the Atlantic and Pacific regions of the OCS Areas of significant uncertainty include * Estimating the amount and timing of any future government income from leasing in the Atlantic and Pacific OCS under current law Detailed estimate begins on the next page. See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.gov/publication/42904.

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