Enacting H.R. 5649 would affect several programs of the Department of Veterans Affairs (VA) that provide education benefits. On net, CBO estimates that enacting the bill would decrease direct spending for those benefits by $125 million over the 2019-2028 period.
In addition, H.R. 5649 would authorize grants for programs that help separating military personnel prepare for civilian life. It also would require two studies of similar programs that are administered by the federal government. In total, CBO estimates that implementing the bill would cost $16 million over the 2019-2023 period, assuming appropriation of the necessary amounts.
Pay-as-you-go procedures apply because enacting H.R. 5649 would affect direct spending. The bill would not affect revenues.
CBO estimates that enacting H.R. 5649 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.
H.R. 5649 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA).