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S. 2149, Emergency Unemployment Compensation Extension Act of 2014 1 (March 24, 2014)

handle is hein.congrec/cbo1572 and id is 1 raw text is: Estimate of the Budgetary Effects of S. 2149, the Emergency Unemployment Compensation Extension Act of 2014, as introduced on March 2 (Millions of dollars, by fiscal year) 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 CHANGES IN DIRECT SPENDING (Outlays) Unemployment Compensation 9,875 0 0 0 0 0 0 0 0 0 0 Pension Funding Provisions 0 -15 -70 -155 -200 -235 -220 -200 -130 -35 25 Prepayment of PBGC premiums 0 0 -190 0 0 0 0 0 0 0 0 Customs Fees 0 0 0 0 0 0 0 0 0 0 -3542 Total Changes in Direct Spending 9,875 -15 -260 -155 -200 -235 -220 -200 -130 -35 -3,517 CHANGES IN REVENUES Unemployment Compensation 0 12 40 40 31 15 12 2 0 0 0 Pension Funding Provisions 1,720 2,448 3,730 4,528 3,847 1988 -104 -1,982 -3,450 -4,076 -3,804 Total Changes in Revenues 1,720 2,460 3,770 4,568 3,878 2,003 -92 -1,980 -3,450 -4,076 -3,804 On-budget revenues 1,632 2,344 3,596 4,371 3,725 1,937 -70 -1,878 -3,290 -3,898 -3,645 Off-budget revenues 88 116 174 197 153 66 -22 -102 -160 -178 -159 NET INCREASE OR DECREASE (-) IN THE DEFICT FROM CHANGES IN DIRECT SPENDING AND REVENUES Net Changes in Deficits 8,155 -2,475 -4,030 -4,723 -4,078 -2,238 -128 1,780 3,320 4,041 287 On-budget deficit change 8,243 -2,359 -3,856 -4,526 -3,925 -2,172 -150 1,678 3,160 3,863 128 Off-budget deficit change -88 -116 -174 -197 -153 -66 22 102 160 178 159 Sources: Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT). Notes: Components may not sum to totals because of rounding. Changes in budget authority for the unemployment compensation and customs provisions would be equal to the changes in outlays for those provisions; there would be no chang for the pension provisions. CBO and JCT estimate that the net budgetary effect for the 2024-2033 period would be an increase in deficits of more than $5 billion. 4, 2014 March 25, 2014 2014- 2014- 2019 2024 9,875 9,875 -675 -1,235 -190 -190 0 -3,542 9,010 4,908 138 151 18,261 4,844 18,399 4,996 17,605 4,821 794 175 -9,389 -88 -8,595 87 -794 -175 e in budget authority

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