The Congress often requires that the Government Accountability Office (GAO) perform an annual examination of a program, agency, or other federal activity. S. 2964 would modify or repeal 10 of those activities.
Based on information from GAO, CBO estimates that implementing the legislation would reduce discretionary costs by about $1 million over the 2017-2021 period; any such reductions would be subject to future appropriations actions consistent with the provisions of this bill. GAO has an annual budget of more than $500 million and prepares hundreds of products for the Congress each year. CBO expects that implementing S. 2964 would not have a significant effect on the agency’s overall workload.
Enacting S. 2964 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 2964 would not increase direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
S. 2964 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments.
