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Letter to the Honorable Daniel K. Akaka 1 (June 2008)

handle is hein.congrec/cbo10041 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE                        Peter R. Orszag,E
U.S. Congress
Washington, DC 20515
June 26, 2008
Honorable Daniel K. Akaka
Chairman
Committee on Veterans' Affairs
United States Senate
Washington, DC 20510
Dear Mr. Chairman:
I am writing in response to your letter dated May 19, 2008, and as follow-up
to our meeting on May 23, 2008, regarding CBO estimates of certain sections
of S. 1315, the Veterans' Benefits Enhancement Act of 2007. Your letter
specifically questions our estimate for section 802, which would authorize
supplemental benefits for disabled veterans eligible to receive assistance for
automobiles and other conveyances, and for section 401, which would grant
Filipino veterans of World War II a non-service-connected pension and would
grant the surviving spouses of such veterans a death pension.
Change in CBO Estimate of Section 802. With regard to section 802 in
particular, and from a general viewpoint as well, you asked about when CBO
has completed its work, so that Members can be confident that an estimate of
costs will not change. I can assure you that CBO does not change an estimate
lightly-we do so only in some specific circumstances, such as when a bill
introduced in one session of Congress is still under consideration in a
subsequent session and there is significant new cost information to reflect.
CBO first provided an estimate for S. 1315 (including the potential impact of
section 802) in August of 2007. In April 2008, your staff asked us to update
the cost estimate for the bill, reflecting new effective dates for some of the
bill's provisions and certain other changes.
When CBO reviews legislation moving from one Congressional session into
the next session, we routinely review and revise the estimated budgetary
impact of proposals that were previously estimated in the prior legislative
session. That has long been a common, standard practice for CBO.

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