Estimated Budgetary Effects of Subtitle I of Reconciliation Recommendations for Prescription Drug Legislation

Cost Estimate

As Posted by the Senate Committee on Finance on July 6, 2022

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Data and Supplemental Information

Corrections and Updates

On July 13, 2022, CBO reposted this table to correct one of the notes. No budgetary estimates were changed. The corrected note indicates that about 15 fewer drugs would be introduced in total over the next 30 years because of the legislation, according to CBO’s corrected estimates, rather than about 10 in the estimate that was initially posted. The corrected estimates incorporate additional effects of the legislative language that were inadvertently omitted.