About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

S. 3187, the Food and Drug Administration Safety and Innovation Act, with an Amendment [i] (June 19, 2012)

handle is hein.congrec/cbo10811 and id is 1 raw text is: June 19, 2012 CBO Estimate of the Statutory Pay-As-You-Go Effects for S. 3187, the Food and Drug Administration Safety and Innovation Act, with an Amendment, as posted on the Web site of the House Committee on Energy and Commerce on June 18, 2012 By Fiscal Year, in Millions of Dollars 2012- 2012- 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2017 2022 NET INCREASE OR DECREASE (-) IN THE DEFICIT Statutory Pay-As-You-Go Impact 0 -16 -14 -20 -27 -37 -34 7 -39 -69 -63 -113 -311 Source: Congressional Budget Office. Notes: Components may not sum to totals because of rounding. S. 3187, with the proposed amendment, would modify how the Food and Drug Administration regulates drugs and devices in a broad range of areas. Several provisions would affect when lower-priced drugs enter the market. Changing the timing of availability of lower-priced drugs affects spending in federal health programs that pay for prescription drugs and biological products. It would also reduce the costs of health insurance plans and thus reduce federal subsidies for health insurance purchased through an exchange. On net, the legislation would result in a reduction in the deficit of $113 million over the 2012-2017 period, which is the sum of a reduction in direct spending of $112 million and an increase in revenues of $1 million. Similarly, the 10-year net reduction in deficits of $311 million is the sum of a reduction in direct spending of $307 million and an increase in revenues of $4 million. jc

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most