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CBO Cost Estimate for H.R. 2823, Affordable Retirement Advice for Savers Act
Congressional Budget Office [CBO] 
Sept. 19, 2017
"H.R. 2823 would repeal regulations that are commonly referred to as the 'fiduciary rule.'... The staff of the Joint Committee on Taxation (JCT) estimates that the bill would have a negligible effect on revenues for the period between 2017 and 2027.... CBO and JCT estimate that enacting H.R. 2823 would not increase net direct spending or on-budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2028."
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