The Official Tumblr Page of Congressman Lee Terry (R-NE)

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The Congressional Budget Office announced today that the Keystone Pipeline will have no significant impact on the federal budget

CBO estimates that implementing H.R. 3 would have no significant impact on the federal budget. Based on information from affected agencies, CBO estimates that the proposed changes to administrative procedures would not significantly affect federal spending for such activities relative to current law. The bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.