New From Congressional Budget Office – August 19, 2023

H.R. 3874, Veterans Education Assistance Improvement Act

As ordered reported  by the House Committee on Veterans Affairs on July 26 2023.

H.R. 3874 would make changes to education benefit programs administered by the Department of Veterans Affairs (VA). The costs of those programs are paid from mandatory appropriations. Enacting the bill would decrease net direct spending by $5 million over the 2023-2033 period, CBO estimates.

H.R. 4461, Modernization of Department of Veterans Affairs Disability Benefit Questionnaires Act

As ordered reported by the House Committee on Veterans Affairs on July 26, 2023

H.R. 4461 would require the Department of Veterans Affairs (VA) to update its information technology (IT) systems to accept certain forms in machine-readable formats, and to automatically process certain claims for veterans’ benefits. The bill also would increase the fees that the department charges borrowers for home loan guarantees in 2032.


Established in 1974, The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government.  It is charged with providing  members of Congress  objective  analysis of budgeting and economic issues to support the congressional budget process. Each year, CBO economists and budget analysts produce dozens of reports and hundreds of cost estimates for proposed legislation. This posting includes a summary of Director Swagel’s testimony, a link to the full text of the testimony, and a list of publications that relate to the testimony

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