Latest Taxpayer’s Tab
The National Taxpayers Union Foundation (NTUF) has been publishing The Taxpayer’s Tab for more than a year, now, and has now partnered with WashingtonWatch.com, which is “an independent, interactive web site that tracks the potential fiscal impact of federal legislation.”
Last week’s issue of The Taxpayer's Tab summarized it’s tracking of bills sponsored or co-sponsored by members of Congress. Here is NTUF’s “snapshot” of the July “numbers” on those bills:
“During the month of July, NTUF analysts analyzed 551 bills to determine their impact on federal spending. Of those, 358 were House bills with 133 bills introduced in the past month. In the Senate, NTUF scored 193 bills of which 40 bills were introduced in July.
“Net federal spending would increase by approximately $47 billion annually if all 358 House bills were enacted (see below). Totals exclude offsetting provisions. The largest spending increase bills include legislation to directly fund jobs programs, expand benefits for veterans able to receive concurrent compensation, and adjust Social Security benefits for so-called Notch Babies. Large spending cut proposals include bills to repeal reporting requirement authorized in the Patient Protection and Affordable Care Act, rescind Medicaid maintenance of effort requirements for states, and defund foreign aid spending for Pakistan.
“The 193 Senate bills scored within the month of July would decrease federal spending by approximately $82.5 billion annually, if all of the bills were enacted (see below). Totals exclude offsetting provisions. The largest spending increase bills would establish a roadway safety program for elderly drivers, award education grants to high-need schools, and implement a Cost-of-Living Adjustment for veterans of the Armed Forces. These were more than offset by a proposal to reform the Tax Code and eliminate refundable credits.”
If you prefer a chart of the above information, however, it’s available at the above link for last week's The Taxpayer's Tab. In addition, NTUF provides such other information as the members of Congress submitting the most bills. the most spending bills, and the most bills that cut spending. You can receive your own copies of The Taxpayer’s Tabs by providing NTUF the information requested on the homepage.