Estimated Budgetary Effects of a Bill to Provide for Reconciliation Pursuant to Title II of H. Con. Res. 14, the One Big Beautiful Bill Act

May 20, 2025

Cost Estimate

As ordered reported by the House Committee on the Budget on May 18, 2025

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Summary

Estimated budgetary effects of a bill to provide for reconciliation pursuant to title II of H. Con. Res. 14., the One Big Beautiful Bill Act, as ordered reported by the House Committee on the Budget on May 18, 2025. CBO has not reviewed the legislation for effects on spending subject to appropriation and has not yet completed estimates of the effects of interactions among titles of the legislation.

Corrections and Updates

On May 27, 2025 CBO reposted "Estimated Budgetary Effects of a Bill to Provide Reconciliation Pursuant to Title II of H. Con. Res. 14, the One Big Beautiful Bill Act," to correct a transcription error in Table 4 in the 10-year total for estimated outlays in section 42103. That error did not affect totals.