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. Enacting H.R. 5545 would not significantly increase on-budget deficits in any of the four consecutive 10-year periods beginning in 2032.
The bill would make the following changes to programs affecting education benefits administered by the Department of Veterans Affairs (VA).
a. Section 2 would extend provisions related to the use of VA education benefits during the coronavirus pandemic through June 1, 2022.
b. Section 4 would allow students using the Post-9/11 GI Bill to enroll in an extra course during their final academic term to continue receiving a monthly housing allowance.
c. Section 5 would extend the period during which people participating in apprenticeships or on-the-job training receive full benefits while unemployed or underemployed in a given month, through June 1, 2022.
b. Section 6 would increase several of the fees paid by borrowers obtaining home loans guarantee by VA in 2031.
