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1 S. 3649, First Step Act of 2018 1 (December 13, 2018)

handle is hein.congrec/cbofsa0001 and id is 1 raw text is: Estimate of Direct Spending and Revenue Effects of an Amendment in the Nature of a Substitute to S. 3649, the First Step Act of 2018, as posted on the website of the Senate Committee on the Judiciary on December 13, 2018 (SIL18C54) By Fiscal Year, in Millions of Dollars 2019- 2019- 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2023 2028 INCREASES IN DIRECT SPENDING Estimated Outlays a 13 23 28 31 37 42 46 42 41 44 132 346 On-budget 11 21 25 28 33 38 41 38 37 40 118 311 Off-budget b 2 2 3 3 4 4 5 4 4 4 14 35 DECREASES IN REVENUES Estimated Revenues * * * -1 -1 -1 -1 -1 -1 -1 -2 -6 NET INCREASE IN THE DEFICIT FROM CHANGES IN DIRECT SPENDING AND REVENUES Effect on Deficit 13 23 28 32 38 42 47 42 42 44 134 352 On-budget 11 21 25 29 34 38 42 38 38 40 120 317 Off-budget b 2 2 3 3 4 4 5 4 4 4 14 35 Sources: Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT). Estimates are relative to CBO's April 2018 baseline; amounts may not sum to totals because of rounding; * - between -$500,000 and zero. a. Budget authority is equal to outlays for the affected programs. b. Spending for Social Security is classified as off-budget and the outlays are not subject to pay-as-you-go procedures. CBO prepared cost estimates for related legislation: vwco Is ti esfie201S-08/191l and CBO has not completed an estimate of the effect of the amendment to S. 3649 on spending subject to appropriation or an analysis of intergovernmental and private-sector mandates as defined in the Unfunded Mandates Reform Act. CBO estimates that implementing S. 3649 would reduce the number of prisoners by about 53,000 person-years over the 2019- 2028 period. (That is roughly equivalent to reducing the federal prison population by 53,000 inmates in one year.) Under current law, prisoners generally are ineligible to receive benefits from several federal programs, including Medicare, Medicaid, and the health insurance marketplaces; Social Security; Supplemental Security Income; and the Supplemental Nutrition Assistance Program. By accelerating the release of prisoners, CBO estimates that the legislation would increase the number of people receiving benefits from those programs. As a result, CBO and JCT estimate that enacting the legislation would increase direct spending by $346 million and reduce revenues by $6 million over the 2019-2028 period.

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