The Statutory Pay-As-You-Go Act of 2010 establishes budget-reporting and enforcement procedures for legislation affecting direct spending or revenues. The net changes in outlays that are subject to those procedures are shown here.
The bill would establish a temporary program to provide retraining assistance to veterans who are unemployed because of the novel coronavirus pandemic and would increase funding for the Veteran Employment Through Technology Education Courses program. The bill also would allow the Department of Veterans Affairs (VA) to use currently available appropriations to assist certain homeless veterans. Additionally, the bill would increase the fee charged by VA to certain veterans who refinance their mortgage with VA-guaranteed loans between 2021 and 2027; those fees would reduce direct spending.
