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1 1 (October 20, 2017)

handle is hein.congrec/cbo3850 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 20, 2017 S. 1827 Keep Kids' Insurance Dependable and Secure Act of 2017 As ordered reported by the Senate Committee on Finance on October 4, 2017 SUMMARY S. 1827 would extend federal funding for the Children's Health Insurance Program (CHIP) for five years, through fiscal year 2022. The bill also would make several other changes to CHIP, including a change in the federal matching rate for the program and an extension of the requirement that states maintain eligibility levels as they were in 2010. CBO and JCT estimate that, on net, enacting this legislation would increase the deficit by $8.2 billion over the 2018-2027 period. That amount includes a spending increase of $14.9 billion and an increase in revenues of $6.7 billion. About $2 billion of the estimated revenue increase would be off-budget. Pay-as-you-go procedures apply because enacting the legislation would affect direct spending and revenues. CBO estimates that enacting the legislation would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 1827 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of S. 1827 is shown in the following table. The costs of this legislation fall within budget function 550 (health).

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