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July 23, 2019
CBO ESTIMATE FOR THE BIPARTISAN BUDGET ACT OF 2019
As posted on July 22, 2019 (htf)s://do.shousegov/billst.iweek/20190722/BI.S-I 16 PlHbipartBudgetAct.] dO.
By Fiscal Year, in Millions of Dollars
2019- 2019-
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2024 2029
INCREASES OR DECREASES (-) IN DIRECT SPENDING
Title IV-OFFSETS
Sec. 401-Customs user fees
Estimated Budget Authority 0 0 0 0 0 0 0 0 -541 -6,951 -8,092 0 -15,584
Estimated Outlays 0 0 0 0 0 0 0 0 -541 -6,951 -8,092 0 -15,584
Sec. 402-Extension of direct
spending reductions through
fiscal year 2029
Estimated Budget Authority 0 0 0 0 0 0 0 0 12,600 -32,793 -41,565 0 -61,758
Estimated Outlays 0 0 0 0 0 0 0 0 6,900 -17,122 -28,718 0 -38,940
Total, Changes in Direct Spending
Estimated Budget Authority 0 0 0 0 0 0 0 0 12,059 -39,744 -49,657 0 -77,342
Estimated Outlaysa 0 0 0 0 0 0 0 0 6,359 -24,073 -36,810 0 -54,524
Memorandum: Changes on Caps on Spending Subject to Appropriation
Sec. 101-Amendments to the
Balanced Budget and Emergency
Deficit Control Act of 1985
Increased Limit 0 171,132 152,884 0 0 0 0 0 0 0 0 324,016 324,016
Estimated Outlays 0 97,926 130,057 53,477 20,785 12,002 5,156 0 0 0 0 314,247 319,403
Source: Congressional Budget Office
Assumes enactment by October 2019; estimates are relative to CBO's May 2019 baseline.
Numbers may not add up to totals because of rounding.
Section 101 would revise the caps on defense and nondefense discretionary appropriations for fiscal years 2020 and 2021 to allow for higher
amounts of funding than is permitted under current law caps and budget enforcement procedures. The total proposed caps for 2020 would be
$171 billion above the current law caps of $1,119 billion. For 2021 the proposed caps would be $153 billion above the current law caps of
$1,145 billion. There are no caps on discretionary funding after 2021. The proposed increase for 2020 includes a new maximum adjustment of
$2.5 billion to the nondefense cap for spending for the periodic census.
Title III would temporarily suspend the current debt limit through July 31, 2021. On the following day, the debt ceiling would be raised by the
amount of obligations incurred up to that point. Enacting that title, by itself, would have no effect on the federal budget.
Section 401 would extend the authority to collect customs user fees that apply to vessels, vehicles, and passengers, and the merchandise
processing fee through September 30, 2029. The bill also would maintain the current rate for the merchandise processing fee through
September 30, 2029.
Section 402 would extend mandatory sequestration through fiscal year 2029. Compared to current law, the Medicare provision would increase
spending for most Medicare benefits by about 2 percent for April through September 2027, reduce spending by 2 percent for October 2027
through March 2029, then reduce spending by 4 percent for April through September 2029.
Enacting the bill would not increase on-budget deficits in any decade after 2029.
a. Changes in outlays equal changes in the deficit.
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