March 15, 2024 Cost Estimate As reported by the Senate Committee on the Budget on March 6, 2024 View Document239.83 KB At A Glance S. 1274, Railroad Employee Equity and Fairness Act As reported by the Senate Committee on the Budget on March 6, 2024 By Fiscal Year, Millions of Dollars20242024-20292024-2034Direct Spending (Outlays)64867Revenues04457Increase or Decrease (-) in the Deficit6410Spending Subject to Appropriation (Outlays)00not estimatedIncreases net direct spending in any of the four consecutive 10-year periods beginning in 2035?NoStatutory pay-as-you-go procedures apply?YesMandate EffectsIncreases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?< $5 billionContains intergovernmental mandate?NoContains private-sector mandate?NoThe bill wouldExempt railroad unemployment and sickness benefits from sequestrationEstimated budgetary effects would mainly stem fromIncreasing benefit payments for unemployed or sick railroad workers Data and Supplemental Information Table 1 Table 2 Legislative Information Available From Congress.gov
S. 1274, Railroad Employee Equity and Fairness Act As reported by the Senate Committee on the Budget on March 6, 2024 By Fiscal Year, Millions of Dollars20242024-20292024-2034Direct Spending (Outlays)64867Revenues04457Increase or Decrease (-) in the Deficit6410Spending Subject to Appropriation (Outlays)00not estimatedIncreases net direct spending in any of the four consecutive 10-year periods beginning in 2035?NoStatutory pay-as-you-go procedures apply?YesMandate EffectsIncreases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?< $5 billionContains intergovernmental mandate?NoContains private-sector mandate?NoThe bill wouldExempt railroad unemployment and sickness benefits from sequestrationEstimated budgetary effects would mainly stem fromIncreasing benefit payments for unemployed or sick railroad workers
