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S. 1519, National Defense Authorization Act for Fiscal Year 2018 1 (July 27, 2017)

handle is hein.congrec/cbo3674 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE Keith Hall, Director U.S. Congress Washington, DC 20515 July 27, 2017 Honorable John McCain Chairman Committee on Armed Services United States Senate Washington, DC 20510 Dear Mr. Chairman: The Congressional Budget Office has completed an estimate of the direct spending and revenue effects of S. 1519, the National Defense Authorization Act for Fiscal Year 2018, as reported by the Senate Committee on Armed Services on July 10, 2017. CBO's complete cost estimate for S. 1519, including discretionary costs, will be provided shortly. CBO estimates that enacting S. 1519 would increase direct spending by $621 million over the 2018-2027 period, primarily through adjustments to the TRICARE Health Benefit and the Special Survivor Indemnity Allowance. (See attached table). The bill would have an insignificant effect on revenues. Because enacting the bill would affect direct spending and revenues, pay-as-you-go procedures apply. CBO estimates that enacting S. 1519 would not increase net direct spending or on-budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2028. www.cbo.gov

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