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1 1 (2020)

handle is hein.congrec/cbocestex0001 and id is 1 raw text is: [.i ]COST ESTIMATES Congressional Budget Office Nonpartisan Analysis for the U.S. Congress February 2020 The Congress uses CBO's cost estimates to help it implement rules and procedures related to budget enforcement. CBO's cost estimates provide information about how a bill would affect major components of the federal budget and details about CBO's analysis-the reasoning, analytical methods, and sources of data used to develop the estimate, as well as any sources of uncertainty. At a Glance The first page summarizes CBO's estimate of the bill's effects on major components of the federal budget. Budgetary Information. Components of the federal budget (explained more fully on the next page) include direct spending, revenues, the deficit, and spending subject to appropriation. Totals for the bill's estimated effects on each component are provided for the current year and subsequent years in the budget window. Procedural Information. The following questions are answered: Do procedures specified under the Statutory Pay- As-You-Go (PAYGO) Act of 2010 apply? Will the bill increase long-term on-budget deficits? Does the bill contain any mandates as defined in the Unfunded Mandates Reform Act (UMPA)? Highlights. Key points are noted, including the ways that the bill would affect the federal budget and any uncertainties that might result in outcomes that are higher or lower than CBO's estimates. wwwcbo~gov I O~auscbo General Information. The bill number, title, and legislative status are shown. Most estimates are for bills that have been ordered reported by a full committee. The same bill number may appear on different estimates when a bill is considered by more than one committee or when CBO provides an estimate for legislation that has been passed by one chamber and is awaiting action in the other. The date in the upper right corner shows when CBO published the estimate.

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