S. 4623 would amend federal recruitment, training, and retention policies to expand the pool of applicants for procurement and acquisition positions, establish a pilot program to hire and train staff to procure information and communications technology, and establish a working group to study the barriers private entities face when seeking to do business with the federal government. CBO estimates that enacting S. 4623 would have an insignificant effect on direct spending and no effect on revenues over the 2023-2032 period. CBO has not estimated the discretionary costs of implementing the bill. The bill contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.