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S. 1356, National Defense Authorization Act for Fiscal Year 2016 1 (November 4, 2015)

handle is hein.congrec/cbo2578 and id is 1 raw text is: CBO Estimate of the Direct Spending and Revenue Effects for S. 1356, the National Defense Authorization Act for Fiscal Year 2016, as posted on the website of the House Armed Services Conmittee (http://armedservices.house.gov/index.cfm?a=Files.Serve&File-id=27E9F5EB-757A-4BF2-B807-333B6BD6A627) By Fiscal Year, in Millions of Dollars 2016- 2016- 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2020 2025 Section CHANGES IN DIRECT SPENDING 702 TRICARE Phamacy Copayments Estimated BudgetAuthority -82 -122 -149 -167 -193 -233 -233 -133 -105 -81 -713 -1,498 Estimated Outlays -66 -112 -143 -163 -187 -224 -233 -155 -111 -86 -671 -1,480 1216 Special Immigrant Visas Estimated Budget Authority 16 45 40 37 34 34 34 33 32 32 172 336 Estimated Outlays 16 45 40 37 34 34 34 33 32 32 172 336 633 Lump-Sum Retirement Option' Estimated Budget Authority 0 0 5 8 6 5 4 3 2 2 19 35 Estimated Outlays 0 0 5 8 6 5 4 3 2 2 19 35 602 Supplemental Subsistence Allowance Estimated Budget Authority * 1 1 1 1 1 1 1 1 1 4 9 Estimated Outlays * 1 1 1 1 1 1 1 1 1 4 9 641 Survivor Benefit Plan Estimated Budget Authority * * * * * * * * * * * 1 Estimated Outlays * * * * * * * * * * * 1 Total Changes in Direct Spending Estimated Budget Authority -66 -76 -103 -121 -152 -193 -194 -96 -70 -46 -518 -1,117 Estimated Outlays -50 -66 -97 -117 -146 -184 -194 -118 -76 -51 -476 -1,099 CHANGES IN REVENUES 632 Thrift Savings Plan 0 0 -46 -109 -127 -136 -149 -161 -174 -187 -282 -1,089 NET INCREASE OR DECREASE (-) IN THE DEFICIT Estimated Impact on the Deficit -50 -66 -51 -8 -19 -48 -45 43 98 136 -194 -10 Sources: Congressional Budget Office and the staff of the Joint Committee on Taxation Notes: Other provisions of S. 1356 would affect direct spending by less than $500,000 each year and in total overthe 2016-2025 period. Numbers may not add up to totals because of rounding; * = less than $500,000. a. Pursuant to section 3101 of the Concurrent Resolution on the Budget forFiscal Year2016 (S. Con. Res. 11), CBO estimates S. 1356 would increase direct spending and net deficits by more than $5 billion in at least one of the four consecutive 10-year periods starting in 2026. In the ten years after 2025 mandatory outlays associated with retirement reform would accelerate as an increasing number of military members would be bound by the rules of the new retirement system and would thus be eligible for a lump-sum payment when they retire. In subsequent decades, however, the savings from the reduced or forgone annuities would exceed the annual spending on lump-sum payments.

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