[Congressional Record Volume 156, Number 30 (Thursday, March 4, 2010)]
[House]
[Pages H1165-H1166]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 BUDGETARY EFFECTS OF PAYGO LEGISLATION

  Pursuant to Public Law 111-139, Mr. Spratt, on behalf of and after 
consultation with Senator Conrad. hereby submits, prior to the vote on 
passage, the attached estimate of the costs of H.R. 2847, the Hiring 
Incentives to Restore Employment Act, for printing in the Congressional 
Record.

                                         House of Representatives,


                                      Committee on the Budget,

                                    Washington, DC, March 4, 2010.

        Joint Estimate of Budgetary Effects of PAYGO Legislation

       Madam Speaker, Pursuant to Public Law 111-139, and on 
     behalf of and after consultation with the Chairman of the 
     Senate Budget Committee and myself, I hereby submit, prior to 
     the vote on passage, the attached estimate of the costs of 
     the House amendment to the Senate amendment to the House 
     amendment to the Senate amendment to the bill H.R. 2847, the 
     Hiring Incentives to Restore Employment Act, for printing in 
     the Congressional Record.
                                                   John M. Spratt.

                    CBO ESTIMATE OF THE STATUTORY PAY-AS-YOU-GO EFFECTS FOR AN AMENDMENT TO THE SENATE AMENDMENT TO THE HOUSE AMENDMENT TO THE SENATE AMENDMENT TO H.R. 2847
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                                                                                                              By fiscal year, in millions of dollars--
                                                                   -----------------------------------------------------------------------------------------------------------------------------
                                                                      2010     2011     2012     2013      2014      2015     2016     2017     2018       2019      2020   2010-2015  2010-2020
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                                                                           Net Increase or Decrease (-) in the Deficit
 
Statutory Pay-As-You-Go Impact....................................    4,521    6,247    2,328      382    -13,629       58   12,673     -820    -2,715     -9,168     -532        -95       -657
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Note: Components may not sum to totals because of rounding.
 
Sources: Congressional Budget Office and Joint Committee on Taxation.


[[Page H1166]]



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