Full Title: CBO Cost Estimate: A Legislative Proposal Related to the Arctic National Wildlife Refuge
Author(s):
Publisher(s): Congressional Budget Office
Publication Date: November 1, 2017
Full Text: Download Resource
Description (excerpt):
The legislation would direct the Secretary of the Interior to implement an oil and gas leasing program for the coastal plain of the Arctic National Wildlife Refuge (ANWR). Based on information provided by the Department of the Interior (DOI), the Energy Information Administration (EIA), and individuals working in the oil and gas industry, CBO estimates that implementing the legislation would increase net offsetting receipts, which are treated as reductions in direct spending, by about $1.1 billion over the 2018- 2027 period.