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>Congressional Budget Office Cost Estimate: CBO Estimate of Changes in Direct Spending for H.R. 4, the FAA Reauthorization Act of 2018, as Introduced on April 13, 2018, and Posted on the Website of the House Committee on Rules
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Congressional Budget Office Cost Estimate: CBO Estimate of Changes in Direct Spending for H.R. 4, the FAA Reauthorization Act of 2018, as Introduced on April 13, 2018, and Posted on the Website of the House Committee on Rules
H.R. 4 would authorize appropriations over the 2018-2023 period for the Federal Aviation Administration and the Department of Transportation to carry out activities related to civil aviation. The legislation also would provide, for each of fiscal years 2018 through 2023, $3.35 billion in contract authority--a mandatory form of budget authority--for the Airport Improvement Program. Because the amount of contract authority that the bill would provide for those years is the same as amounts projected in CBO's [Congressional Budget Office] April 2018 baseline (consistent with the rules for baseline projections in the Deficit Control Act), enacting those provisions would not affect direct spending. (Because outlays of that contract authority are subject to limitations on obligations specified in annual appropriations acts, they are considered to be discretionary.)
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