CBO Estimates MORE Act Would Cut Deficit by $7.34 Billion

CBO Estimates MORE Act Would Cut Deficit by $7.34 Billion

U.S. Congressional Budget Office

H.R. 3884, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2020, as passed by the House, would increase spending from 2021 to 2030 by $6.34 billion and increase revenues by $13.68 billion, for a deficit reduction of $7.34 billion, the Congressional Budget Office said in estimates released December 4.

H.R. 3884, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2020, as passed by the House, would increase spending from 2021 to 2030 by $6.34 billion and increase revenues by $13.68 billion, for a deficit reduction of $7.34 billion, the Congressional Budget Office said in estimates released December 4.

<a href="/lr/resolve//2d88v">H.R. 3884</a>, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2020, as passed by the House, would increase spending from 2021 to 2030 by $6.34 billion and increase revenues by $13.68 billion, for a deficit reduction of $7.34 billion, the Congressional Budget Office said in estimates released December 4.