This is historical material, "frozen in time."
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This is historical material, "frozen in time."
The web site is no longer updated and links to external web sites and some internal pages will not work.
This is historical material, "frozen in time."
The web site is no longer updated and links to external web sites and some internal pages will not work.
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OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS
LAW NUMBER: P.L.106-424 (S. 2412)
BILL TITLE: National Transportation Safety Board
Amendments Act
BILL PURPOSE: Authorizes appropriations for the
National Transportation Safety Board
(NTSB) and makes numerous changes to NTSB-related provisions.
OMB ESTIMATE: Under previous law, the
Federal Aviation Administration (FAA)
could spend collections from the sale of aeronautical charts only to the extent provided
by appropriations action. P.L. 106-424 allows the FAA to spend these collections
without further appropriation action. OMB estimates that this change will increase direct
spending by $85 million over 5 years.
(Fiscal years; in millions of
dollars)
2000
2001
2002
2003
2004
2005
Net costs...............
0
17
17
17
17
17
CBO ESTIMATE:
(Fiscal years; in millions of dollars)
2000
2001
2002
2003
2004
2005
Net costs...............
0
12
12
12
13
13
EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
The difference between OMB and CBO estimates is the result of different baseline
assumptions.
CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION
ENACTED TO DATE:
(Fiscal years; in millions of dollars)
2000
2001
2002
2003
2004
2005
Outlay effect..............
34
1,389
2,461
7,091
7,824
8,019
Receipt effect............
-8
-689
-808
-870
-922
-924
Net costs....................
42
2,078
3,269
7,961
8,746
8,943
*$500,000 or less.
NOTE: The cumulative effect of direct spending and revenue legislation
enacted to date is
currently estimated to result in an end-of-session sequester. The Administration looks forward to
working with the Congress to ensure that an unintended sequester does not occur.