A new Congressional Budget Office report says the implementation of unclassified programs under the Senate’s Intelligence Authorization Act for Fiscal Year 2017 would cost the federal government approximately $888 million over five years.
CBO said in a report published Tuesday the proposed bill would lead to the application of pay-as-you-go procedures since its enactment would affect revenues and direct spending.
According to the report, the proposed legislation would authorize $569 million in FY 2017 appropriations for the Intelligence Community Management Account and $514 million for the Central Intelligence Agency Retirement and Disability System.
Other unclassified provisions of the legislation include the creation of the Critical Infrastructure Program, registration of agencies’ national security systems with the National Security Agency and establishment of higher pay rates for science, technology, engineering and math-related positions, according to the congressional budget watchdog.
CBO noted that the bill also would not affect local, state and tribal government budgets and would not result in on-budget deficit growth “in any of the four consecutive 10-year periods beginning in 2027.”