July 28, 2015 Cost Estimate Estimated Costs of H.R. 3236, as introduced on July 28, 2015 View Document107.54 KB Summary CBO and the staff of the Joint Committee on Taxation estimate the bill would: Provide $12 billion in contract authority (the authority to incur obligations in advance of appropriation acts) through October 29, 2015; Authorize an obligation limitation for fiscal year 2016 that would result in discretionary outlays totaling $4 billion over the 2016-2025 period; Transfer $8.1 billion from the general fund of the Treasury to the Highway Trust Fund; and Change direct spending and revenues; on net, those changes would decrease deficits by $6.9 billion over the 2015-2025 period. Legislative Information Available From Congress.gov
CBO and the staff of the Joint Committee on Taxation estimate the bill would: Provide $12 billion in contract authority (the authority to incur obligations in advance of appropriation acts) through October 29, 2015; Authorize an obligation limitation for fiscal year 2016 that would result in discretionary outlays totaling $4 billion over the 2016-2025 period; Transfer $8.1 billion from the general fund of the Treasury to the Highway Trust Fund; and Change direct spending and revenues; on net, those changes would decrease deficits by $6.9 billion over the 2015-2025 period.
