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S. 1581, Veterans Programs Improvements Act of 2013 1 (December 18, 2013)

handle is hein.congrec/cbo1451 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE December 18, 2013 S. 1581 Veterans Programs Improvements Act of 2013 As ordered reported by the Senate Committee on Veterans'Affairs on November 19, 2013 SUMMARY S. 1581 would limit pensions for certain veterans using Medicaid, expand health services offered by the Department of Veterans Affairs (VA), and extend VA's authority to verify income for pension beneficiaries. CBO estimates that enacting the bill would decrease direct spending by $472 million over the 2014-2023 period; therefore, pay-as-you-go procedures apply to the bill. Enacting S. 1581 would not affect revenues. CBO also estimates that implementing the bill would have a discretionary cost of $386 million over the 2014-2018 period, assuming appropriation of the specified and estimated amounts. S. 1581 contains an intergovernmental and private-sector mandate as defined in the Unfunded Mandates Reform Act (UMRA) because it would limit the ability of public and private entities to use the terms GI Bill or Post-911(G1 Bill. However, CBO estimates that any costs incurred by those entities would not exceed the thresholds established in UMRA for intergovernmental or private-sector mandates ($75 million and $150 million in 2013, respectively; adjusted annually for inflation). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary impact of S. 1581 is summarized in Table 1. The costs of this legislation fall within budget functions 700 (veterans benefits and services) and 550 (health).

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