About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 Estimated Budgetary Effects of Title VII, Committee on Energy and Natural Resources, for the Senate Amendment to H.R. 5376, the Build Back Better Act, as Posted on the Website of the Senate Democratic Leadership on December 17, 2021 1 (December 17, 2021)

handle is hein.congrec/cbobefvii0001 and id is 1 raw text is: Congressional Budget Office December 17, 2021 S Cost Estimate Estimated Budgetary Effects of Title VII, Committee on Energy and Natural Resources, for the Senate Amendment to H.R. 5376, the Build Back Better Act, as Posted on the Website of the Senate Democratic Leadership on December 17, 2021 By Fiscal Year, Millions of Dollars 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2022-2026 2022-2031 Increases or Decreases (-) in Direct Spending Budget Authority 50,980 -2 0 1 -27 -38 -44 -50 -58 -71 50,952 50,691 Estimated Outlays 522 3,771 6,944 8,501 9,365 7,488 4,176 2,653 1,508 546 29,103 45,474 See htt s:/! .democrats.senate. ov/imo/media/doc/Title%20VII%20Comrnittee%20on%20Ener v%20and%20Natural%20Resources. df Budget authority reflects appropriations specifically provided in title VII or amounts estimated by CBO. The costs of title VII fall within budget functions 250 (general science, space, and technology), 270 (energy), 300 (natural resources and environment), 370 (commerce and housing credit), 800 (general government), and 950 (undistributed offsetting receipts). The Budget Control Act of 2011 (BCA) requires the annual sequestration of nonexempt mandatory spending programs. The Office of Management and Budget determines which accounts are subject to reductions under the BCA. Some of the accounts affected by title VII are subject to sequestration; this estimate reflects the effects of sequestration on those accounts. Because of uncertainty concerning the timing of mineral receipts and the amount of spending for certain provisions affecting the Department of Energy, CBO cannot determine whether title VII would increase the deficit in any individual year after 2031. However, CBO estimates that, on balance, enacting title VII would not increase deficits after 2031. Title VII contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. Page 1 of 1

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most