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1 1 (July 16, 2019)

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July 16, 2019


O1   Congressional Budget Office
     Cost   Estimate


By Fiscal Year, IVIillions of Dollars 2019           2019-2024             2019-2029


Direct Spending (Outlays)


Revenues

Deficit Effect


0


0

0


0


0


0

0


0

0


S. 1151 would prohibit any executive agency from entering into a contract with any
person that has business operations with any authority of the Venezuelan government that
is not recognized as the legitimate government by the United States.

CBO  is unaware of any contracts that executive agencies have with entities associated
with the Venezuelan government. CBO  estimates that implementing S. 1151 would not
change spending by any federal agency.

The CBO   staff contacts for this estimate are Chinmayee Balabhadrapatruni and
Matthew  Pickford. The estimate was reviewed by H. Samuel Papenfuss, Deputy Assistant
Director for Budget Analysis.


               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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