The CBO is to make a 5-year estimate. Based upon the input from State and local officials, I would think the committee would then ask either CBO, or based upon the input from those State and local officials: What is the effective date? Again, I do not know that we can derive that from this document.
Dirk Kempthorne: “The CBO is to make a 5-year estimate. Based upon the input from State and local officials, I would think the committee…”
Editor's note · Context
Discussing the role of the Congressional Budget Office in estimating fiscal impacts.
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