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H.R. 2966, Reducing Poverty through Employment Act (CBO Report for Congress)

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Congress 114th
Date Requested May 11, 2016
Requested By House Committee on Ways and Means
Date Sent May 13, 2016
Description:

H.R. 2966 would amend title IV of the Social Security Act to add a statutory purpose to the Temporary Assistance for Needy Families (TANF) program. That new purpose would be to reduce child poverty by promoting employment opportunities for low-income parents.

The budget authority for TANF is specified under current law and is shown in the budget as direct spending; this bill would not change the amount specified, but depending on how states would address this new purpose, the rate of direct spending for the program could change. Because enacting this bill could affect direct spending, pay-as-you go procedures apply; however, based on information from the Department of Health and Human Services, CBO estimates that those effects would not be significant. Enacting H.R. 2966 would not affect revenues.

CBO estimates that enacting H.R. 2966 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.

H.R. 2966 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local or tribal governments.

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