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cost estimate
August 1, 2012
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As introduced on July 31, 2012
CBO estimates that enacting this legislation would reduce direct spending by $256 million over the 2013-2022 period, relative to spending projected under CBO’s current baseline (see enclosed table). Because H.R. 6233 would affect direct spending, pay-as-you-go procedures apply. Enacting the bill would not affect federal revenues. CBO estimates that implementing the bill would not affect spending subject to future appropriations. CBO has not reviewed the legislation for intergovernmental or private-sector mandates.