CBO said in the report published Friday the Social Security Fraud Prevention Act of 2017 would result in the application of pay-as-you-go procedures since its passage could increase direct spending by federal agencies that do not receive funds via annual appropriations.
The legislation does not contain private-sector or intergovernmental mandates under the Unfunded Mandates Reform Act and would not lead to on-budget deficit growth âin any of the four consecutive 10-year periods beginning in 2028.â
The bill would not affect revenues and would not impose costs on local, state and tribal government agencies.
The House unanimously approved a similar bipartisan bill in September 2016 nearly a year after Reps. David Valadao (R-Californa) and Eric Swalwell (D-California) introduced the legislation.