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1 H.R. 7111, Navy SEAL Chief Petty Officer William 'Bill' Mulder (Ret.) Veterans Economic Recovery Act of 2020, as Ordered Reported by the House Committee on Veterans' Affairs on July 30, 2020 1 (September 8, 2020)

handle is hein.congrec/cbonavy0001 and id is 1 raw text is: 




Congressional Budget Office
Cost Estimate


September  8, 2020


By Fiscal Year, Millions of Dollars     2020                2020-2025               2020-2030

Direct Spending (Outlays)                   0                    860                     860


Revenues
Increase or Decrease (-)
in the Deficit


0

0


   0

860


   0

860


The bill would
  *  Authorize the Department of Veterans Affairs (VA) to provide additional employment retraining for
     unemployed veterans
  *  Expand the Veteran Employment Through Technology Education Courses program
  *  Authorize various activities and programs related to the Transition Assistance Program



Estimated budgetary  effects would primarily stem from
    Paying tuition and fees and providing housing stipends for veterans who participate in employment retraining
    Increasing funding for the Veteran Employment Through Technology Education Courses program
    Providing grants related to the Transition Assistance Program



Areas of significant uncertainty include
  *  Anticipating how VA would implement the retraining program for unemployed veterans


                               Detailed estimate begins on the next page.


                See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437;
How CBO  Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.gov/publication/42904.

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