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S. 2964, GAO Mandates Revision Act of 2016 1 (June 22, 2016)

handle is hein.congrec/cbo2991 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 22, 2016 S. 2964 GAO Mandates Revision Act of 2016 As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 25, 2016 The Congress often requires that the Government Accountability Office (GAO) perform an annual examination of a program, agency, or other federal activity. S. 2964 would modify or repeal 10 of those activities. Based on information from GAO, CBO estimates that implementing the legislation would reduce discretionary costs by about $1 million over the 2017-2021 period; any such reductions would be subject to future appropriations actions consistent with the provisions of this bill. GAO has an annual budget of more than $500 million and prepares hundreds of products for the Congress each year. CBO expects that implementing S. 2964 would not have a significant effect on the agency's overall workload. Enacting S. 2964 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 2964 would not increase direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. S. 2964 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. The CBO staff contact for this estimate is Matthew Pickford. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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