[Congressional Record Volume 157, Number 7 (Wednesday, January 19, 2011)]
[House]
[Page H352]
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. Ryan hereby submits prior to the 
vote on passage, the attached estimate of the budgetary effects of H.R. 
2, ``Repealing the Job-Killing Health Care Law Act,'' for printing in 
the Congressional Record.

  ESTIMATE OF THE STATUTORY PAY-AS-YOU-GO EFFECTS FOR H.R. 2--REPEALING
   THE JOB-KILLING HEALTH CARE LAW ACT--AS INTRODUCED IN THE HOUSE ON
                             JANUARY 5, 2011
                  (Billions of dollars, by fiscal year)
------------------------------------------------------------------------
                                                 Statutory
                                                Pay-As-You-   2012-2021
                                                 Go-Impact
------------------------------------------------------------------------
Net increase or Decrease (-) in the On-Budget          +230
 Deficit a....................................
Less:
    Adjustments Pursuant to Sec. 4(d)(6) of             N/A
     P.L. 111-139 b...........................
    (Community Living Assistance Services and   ...........
     Supports Act)............................
    Adjustments Pursuant to H. Res. 5, 112th           -230
     Congress c...............................
Statutory Pay-As-You-Go-Impact................            0
------------------------------------------------------------------------
Source: House Budget Committee Estimates.
Memorandum:
a As of January 18, 2011 the Congressional Budget Office could not
  produce a detailed year-by-year estimate of the statutory paygo
  effects of enacting H.R. 2--Repealing the Job-Killing Healthcare Law
  Act. The estimate above was provided in a CBO letter dated January 6,
  2011 to Speaker of the House, John Boehner.
b P.L. 111-139 (the Statutory Pay-as-you-go Act of 2010) requires that
  the budgetary effects of enactment of the Community Living Assistance
  Services and Supports Act (CLASS) not be counted on OMB's statutory
  paygo scorecard. CBO initially estimated the CLASS Act would reduce
  the deficit by $70 billion; therefore, repeal of the CLASS Act, which
  would become effective upon enactment of H.R. 2, would not be counted
  as increasing the deficit under statutory paygo. CBO was unable to
  produce an updated estimate of the deficit impact of repealing the
  CLASS Act as of January 18, 2011.
c Sec. 3(h)(1)(C) of H. Res. 5 provides authority for the Chairman of
  the Committee on the Budget to exempt the budgetary effects of any
  measure that repeals the Patient Protection & Affordable Care Act and
  subtitle B of title II of the Health Care and Education Affordability
  Reconciliation Act of 2010.

  

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