December 18, 2013
As ordered reported by the Senate Committee on Veterans’ Affairs
on November 19, 2013
S. 1581 would limit pensions for certain veterans using Medicaid, expand health services offered by the Department of Veterans Affairs (VA), and extend VA’s authority to verify income for pension beneficiaries. CBO estimates that enacting the bill would decrease direct spending by $472 million over the 2014-2023 period; therefore, pay-as-you-go procedures apply to the bill. Enacting S. 1581 would not affect revenues.
CBO also estimates that implementing the bill would have a discretionary cost of $386 million over the 2014-2018 period, assuming appropriation of the specified and estimated amounts.