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hr4521.pdf
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🔗 Source: cbo.gov
📊 Size: 184 KB
👤 Author: Congressional Budget Office
⬇️ Downloads: 97

Summary

The Congressional Budget Office estimates the budgetary effects of H.R. 4521, the America COMPETES Act of 2022. The bill would increase direct spending by $72.4 billion from 2022 to 2031, with estimated outlays of $68.3 billion. The bill would also decrease revenues by $3.3 billion over the same period, resulting in an estimated increase in the deficit of $65.1 billion. The bill imposes over 30 private-sector mandates, including requirements for online marketplaces, trash and recycling companies, and vessel companies. The costs of the bill fall within various budget functions, including national defense, international affairs, and general science, space, and technology.

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Description

The Congressional Budget Office estimates the budgetary effects of H.R. 4521, the America COMPETES Act of 2022.

Technical Information

  • File Format: PDF
  • File Size: 184 KB
  • Pages: 4
  • Language: EN
  • Author: Congressional Budget Office
  • Total Downloads: 97
  • Last Updated: 3 hours ago

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