Description:
S. 666 would require the Office of Management and Budget to provide guidance to federal agencies for identifying programs and activities for elimination or consolidation, within the current budget process and to compile a list of such programs after the President submits the budget each year. The federal government currently reviews different ways to reduce, eliminate, or manage the overlap and duplication within its agencies. Because of that ongoing activity, CBO expects that implementing the bill would not significantly affect federal spending over the 2023-2028 period. The budgetary effects of eliminating or consolidating programs will be estimated when the Congress considers legislation specifically related to the programs identified by each agency. CBO estimates that the administrative costs to implement the bill would be less than $500,000 over the same period; any spending would be subject to future appropriation action. Enacting S. 666 could affect direct spending by some agencies that are allowed to use fees, receipts from the sale of goods, and other collections to cover operating costs. CBO estimates that any net changes in direct spending by those agencies would be negligible because most of them can adjust amounts collected to reflect changes in operating costs.
