H.R. 5178 would reduce the cost-of-living adjustment (COLA) for recipients of certain education benefits that are administered by the Department of Veterans Affairs (VA). The bill also would increase the total amount of education benefits that are available under the Post-9/11 GI Bill. In total, the bill would reduce net direct spending by $18 million over the 2017-2026 period, CBO estimates.
Pay-as-you-go procedures apply because enacting the legislation would affect direct spending. Enacting the bill would not affect revenues.
CBO estimates that enacting the legislation would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
H.R. 5178 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments.
