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1 1 (2019)

handle is hein.congrec/cbovenz0001 and id is 1 raw text is: 





o1 Congressional Budget Office
'   Cost Estimate


June 27, 2019


y  F sca Year, Millions of Dollars      2019                2019-2024               2019-2029

Direct Spending (Outlays)                   0                    649                     940


Revenues

Deficit Effect


0

0


259

390


437

503


The bill would
  * Allow Venezuelans in the United States to apply for temporary protected status (TPS) for 18 months

Estimated  budgetary effects would primarily stem from
  *  Changes in revenues and outlays for refundable tax credits when individuals who receive TPS become
     eligible to work legally and receive Social Security numbers
  *  Subsidies for health insurance purchased through the marketplaces established under the Affordable Care
    Act by individuals receiving TPS

Areas of significant uncertainty include
  *  Estimating the number of Venezuelans who are in the United States in nonimmigrant status or without legal
     status
  *  Estimating the number of those Venezuelans who would apply for TPS
  *  Projecting the employment and tax-paying behavior of those Venezuelans if they did not receive TPS







                               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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