[Congressional Record (Bound Edition), Volume 157 (2011), Part 1]
[House]
[Page 500]
[From the U.S. Government Publishing Office, www.gpo.gov]


                 BUDGETARY EFFECTS OF PAYGO LEGISLATION

  Pursuant to Public Law 111-139, Mr. Ryan of Wisconsin 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
 Deficita.....................................
Less:
    Adjustments Pursuant to Sec. 4(d)(6) of             N/A
     P.L. 111-139b............................
    (Community Living Assistance Services and   ...........
     Supports Act)............................
    Adjustments Pursuant to H. Res. 5, 112th           -230
     Congressc................................
Statutory Pay-As-You-Go-Impact................            0
------------------------------------------------------------------------
Source: House Budget Committee Estimates.
Memorandum:
aAs 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.
bP.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.
cSec. 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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