Agricultural Reconciliation Act of 2012

Cost Estimate

As approved by the House Committee on Agriculture on April 18, 2012

The Agricultural Reconciliation Act of 2012 would make several changes to the Supplemental Nutrition Assistance Program (SNAP) and extend its authorization for one year. CBO estimates that enacting this legislation would reduce direct spending by $5.6 billion in 2013 and by $33.7 billion over the 2013-2022 period, relative to CBO’s March 2012 baseline projections. Those estimates are based on CBO’s assumption that the legislation will be enacted on or near October 1, 2012.