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1 H.R. 5515, National Defense Authorization Act for Fiscal Year 2019 1 (May 18, 2018)

handle is hein.congrec/hrndaaf0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 18, 2018 H.R. 5515 National Defense Authorization Act for Fiscal Year 2019 As reported by the House Committee on Armed Services on May 15, 2018 SUMMARY H.R. 5515 would authorize appropriations totaling an estimated $709 billion for the military functions of the Department of Defense (DoD), for certain activities of the Department of Energy (DOE), and for other purposes. In addition, the bill would prescribe personnel strengths for each active-duty and selected-reserve component of the U.S. Armed Forces. CBO estimates that appropriation of the authorized and necessary amounts would result in outlays of $685 billion over the 2019-2023 period. The bill also contains provisions that would affect the costs of defense programs funded through discretionary appropriations in 2020 and future years. Those provisions mainly would affect force structure, compensation and benefits, and various procurement programs. CBO has analyzed the costs of a select number of those provisions and estimates that they would, on a net basis, increase the cost of those programs relative to current law by about $48 billion over the 2020-2023 period. The net costs of those provisions in 2020 and beyond are not included in the total amount of outlays mentioned above because funding for those activities would be covered by specific authorizations in future years. Several provisions of H.R. 5515 would have insignificant effects on direct spending and revenues over the 2019-2028 period. Because enacting the bill would affect direct spending and revenues, pay-as-you-go procedures apply. CBO estimates that enacting H.R. 5515 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029. H.R. 5515 contains intergovernmental and private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). CBO estimates that the aggregate cost of the mandates would fall below the annual thresholds established in UMRA for intergovernmental and private-sector mandates ($80 million and $160 million respectively in 2018, adjusted annually for inflation).

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