Estimated Cost of Toxic Exposure Bill More Than One-Quarter Trillion Dollars But Bipartisan Backing Holds
7 Jun 2022
Military.com | By Rebecca Kheel
A sweeping Senate compromise bill to grant benefits to millions of veterans exposed to toxins during their military service could cost $278.5 billion over a decade, according to a new estimate from the Congressional Budget Office.
The estimate tallies both guaranteed spending built into government financial systems and discretionary spending that would need to be approved each year by Congress in order to fulfill new promises to veterans contained in the bill. The Senate is expected to approve the historic bill later this week.
Republicans had balked at the price tag of a similar bill approved earlier this year by the House that the Congressional Budget Office, or CBO, estimated could cost $321.7 billion in mandatory and discretionary spending over 10 years.
https://www.military.com/daily-news/2022/06/07/estimated-cost-of-toxic-exposure-bill-more-one-quarter-trillion-dollars-bipartisan-backing-holds.html
