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CBO: House Panel’s FY 2019 Defense Bill Would Affect Direct Spending Over 10 Years

1 min read

Congressional Budget Office report says that enactment of the House Armed Services Committee’s fiscal 2019 defense appropriations bill would affect the Defense Department‘s direct spending by less than $500,000 over the next decade.

CBO said Monday multiple provisions under the National Defense Authorization Act for Fiscal Year 2019, or H.R. 5515, would also have “insignificant” effects on direct spending.

Those provisions seek to increase military retirement eligibility, change the timing of outlays from current appropriations and authorize DoD to spend contributions for certain purposes.

The proposed NDAA would increase penalties and impose sanctions on entities that transact with Russia, the report noted.

CBO added that such fines are classified as revenues and would amount to less than $500,000 over a 10-year period.

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