H.R. 7643, Veterans Congressional Work Study Act of 2024
As ordered reported by the House Committee on Veterans’ Affairs on May 1, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
*
2
-17
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
*
2
-17
Spending Subject to Appropriation (Outlays)
*
*
*
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
< $2.5 billion
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
< $5 billion
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
H.R. 7643 would make changes to education benefit and home loan programs administered by the Department of Veterans Affairs (VA). The costs of both programs are paid from mandatory appropriations. CBO estimates that enacting the bill would decrease net direct spending by $17 million over the 2024-2034 period.
