CBO To Release Updated Budget and Economic Outlook On August 22

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The Congressional Budget Office will release The Budget and Economic Outlook: An Update on Wednesday, August 22. That report, which CBO issues annually in the late summer, will contain the agency’s updated economic and budget projections spanning the period from 2012 through 2022. It will be available on CBO’s website at 10:00 a.m. (Details about arrangements for the press may be found on the press page.)


S. 1494, National Fish and Wildlife Foundation Reauthorization Act of 2012

cost estimate

As ordered reported by the Senate Committee on Environment and Public Works on July 25, 2012

S. 1494 would authorize appropriations totaling $25 million a year to support the National Fish and Wildlife Foundation. The foundation is a nonprofit corporation established by federal law to provide grants for activities related to conserving and managing fish, wildlife, plants, and other natural resources. Assuming appropriation of the authorized amounts, CBO estimates that implementing the legislation would cost $125 million over the 2013-2017 period.


S. 3370, Albuquerque, New Mexico, Federal Land Conveyance Act of 2012

cost estimate

As ordered reported by the Senate Committee on Environment and Public Works on July 25, 2012

The bill would direct the General Services Administration (GSA) to sell, for fair market value, a particular federal property located in downtown Albuquerque, New Mexico, to the Amy Biehl High School Foundation, a nonprofit organization. CBO estimates that enacting the legislation would increase net offsetting receipts; therefore, pay-as-you-go procedures apply. We estimate that those receipts would be negligible. Enacting S. 3370 would not affect revenues.


H.R. 4369, Furthering Asbestos Claim Transparency (FACT) Act of 2012

cost estimate

As ordered reported by the House Committee on the Judiciary on June 8, 2012


 


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