CBO Cost Estimate: Medicare Improvements for Patients and Providers Act of 2008
H.R. 6331, Medicare Improvements for Patients and Providers Act of 2008, July 23, 2008 - Direct spending and revenues effects estimate for the bill enacted as Public Law 110-275 on July 15, 2008
"CBO estimates that enacting H.R. 6331 will increase direct spending by less than $50 million over the 2008-2013 period and by $0.3 billion over the 2008-2018 period. In addition, the Joint Committee on Taxation (JCT) estimates that the act will increase federal revenues by $0.2 billion over the 2008-2013 period and by $0.4 billion over the 2008-2018 period. In total, CBO estimates that the act will reduce deficits (or increase surpluses) by $0.1 billion over the 2008-2013 period and by less than $50 million over the 2008-2018 period."
