|Office of Management and Budget||Print this document|
November 4, 1997
The Administration supports passage of H.R. 1702 if it is amended to:
H.R. 1702 would affect direct spending and receipts; therefore it is subject to the pay-as-you-go requirements of the Omnibus Budget Reconciliation Act of 1990. This Office's preliminary estimate is that the net impact of H.R. 1702 on the deficit would be less than $500,000 per year.