CBO estimates that Public Law 117-169 will result in a net decrease in the unified deficit totaling $58.1 billion over the 2022-2031 period. That decrease in the deficit is estimated to result from an increase in direct spending of $50.6 billion and an increase in revenues of $108.7 billion.
Some of those budgetary effects are associated with programs that are classified as off-budget. The decrease in the on-budget deficit over that period is estimated to be $53.5 billion.
