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Senate Amendment 2631 to S. 1845, the Emergency Unemployment Compensation Extension Act 1 (January 9, 2014)

handle is hein.congrec/cbo1446 and id is 1 raw text is: Preliminary Estimate for Senate Amendment 2631 to S. 1845, the Emergency Unemployment Compensation Extension Act (Millions of dollars, by fiscal year) January 9, 2 2014- 20: 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2018 2 CHANGES IN DIRECT SPENDING (Outlays) Emergency Unemployment Compensation 16,810 1,940 0 0 0 0 0 0 0 0 18,750 18, Reduction in Benefits Based on Receipt of Unemployment Compensation 0 -93 -125 -125 -125 -126 -135 -135 146 156 467 Total Changes in Direct Spendinga 16,810 1,847 -125 -125 -125 -126 -135 -135 -146 -156 18,283 17, On-budget outlays 16,810 1,937 -5 -5 -5 -6 -5 -5 6 6 18,733 18, Off-budget outlays 0 -90 -120 -120 -120 -120 -130 -130 140 150 450 1, CHANGES IN REVENUES Emergency Unemployment Compensation 0 39 122 123 96 45 36 6 0 0 380 Reduction in Benefits Based on Receipt of Unemployment Compensation 0 0 -2 -3 -4 -5 -6 6 6 5 Total Changes in Revenues 0 39 122 121 93 41 31 0 -6 -6 375 NET INCREASE OR DECREASE (-) IN THE DEFICT FROM CHANGES IN DIRECT SPENDING AND REVENUES Net Changes in Deficits 16,810 1,808 -247 -246 -218 -167 -166 -135 -140 -150 17,908 17, On-budget deficit change 16,810 1,898 -127 -126 -98 -47 -36 -5 0 0 18,358 18, Off-budget deficit change 0 -90 -120 -120 -120 -120 -130 -130 140 150 450 1, Source: Congressional Budget Office Notes: Components may not sum to totals because of rounding. *= between -$500,000 and $500,000. Estimates assume enactment by the end of January 2014 and are relative to CBO's May 2013 baseline. a. In addition to the changes in direct spending detailed above, Section 8 of the amendment would produce outlay savings of $18.1 billion for mandatory programs over the 2024 -2025 period by extending for one additional year the automatic spending reductions required by the Balanced Budget and Emergency Deficit Control Act of 1985. 014 14- 023 750 ,166 584 704 120 467 -32 435 149 269 120

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