The Cost of Eight Executive Actions Taken by the Biden Administration

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CBO responds to Congressman Jason Smith’s request to provide information about the cost of eight executive actions taken by the Biden Administration and how they are reflected in CBO’s baseline projections.

Corrections and Updates

On June 23, 2022, CBO reposted this letter to correct an error on page 6. The January 2019 baseline incorporated savings, rather than costs, of $3.3 billion for section 1115 waivers over a 10 year period.