On the recordOctober 17, 2011
Mr. President, this is the Statement of Budgetary Effects of PAYGO Legislation for S. 1721. Total Budgetary Effects of S. 1721 for the 5-year Statutory PAYGO Scorecard: net decrease in the deficit of $24 million. Total Budgetary Effects of S. 1721 for the 10-year Statutory PAYGO Scorecard: net decrease in the deficit of $24 million. Also submitted for the Record as part of this statement is a table prepared by the Congressional Budget Office, which provides additional information on the budgetary effects of this act. The information follows. CBO ESTIMATE OF THE STATUTORY PAY-AS-YOU-GO EFFECTS FOR THE SSI EXTENSION FOR ELDERLY AND DISABLED REFUGEES ACT OF 2011 (GAI11269) -------------------------------------------------------------------------------------------------------------------------------------------------------- 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2012-2016 2012-2021 -------------------------------------------------------------------------------------------------------------------------------------------------------- NET INCREASE OF DECREASE (-) IN THE DEFICIT Statutory Pay-As-You-Go Impact.......... 36 -60 0 0 0 0 0 0 0 0 -24 -24 Memorandum: Changes in Outlays.................. 36 0 0 0 0 0 0 0 0 0 36 36 Changes in Revenues.................…
