WashingtonWatch.com Digest – February 13, 2012
Posted by Jim Harper, February 13, 2012 at 10:00 am
This is the WashingtonWatch.com email newsletter for the week of February 13, 2012. Subscribe (free!) here.
On the Blog: A Self-Dealing Congress
A pair of stories in the Washington Post last week show that some members of Congress are directing home-state benefits in ways that enrich themselves and their family members.
Read about it, and the transparency solution, in a post entitled: “The Corruption in Government.”
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Featured Items
This week, the House will debate H.R. 7, the American Energy and Infrastructure Jobs Act of 2012. Passage of the bill would extend surface transportation programs administered by the Federal-Aid Highway Administration, the Federal Transit Administration, the National Highway Traffic Safety Administration, the Federal Motor Carrier Safety Administration, and certain programs administered by the Federal Rail Administration.
Passage of H.R. 7 would cost about $1,600 per U.S. family, increasing the national debt by about $950 per family.
The House and Senate may return to the payroll tax holiday, which expires on February 29th. H.R. 3630, the Temporary Payroll Tax Cut Continuation Act of 2011 is the bill that would extend it.
According to the most recent estimate, H.R. 3630 would save about $1,100 per U.S. family, increasing each family’s share of the national debt by about $390.
H.R. 7 The American Energy and Infrastructure Jobs Act of 2012 Costs $1,659.41 per family
H.R. 3630 The Temporary Payroll Tax Cut Continuation Act of 2011 Saves $1,117.67 per family
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Displayed below are new, updated, and passed items with their cost or savings per family.
New Items
H.R. 7 The American Energy and Infrastructure Jobs Act of 2012 Costs $1,659.41 per family
H.R. 3548 The North American Energy Access Act Costs $0.00 per family
H.R. 3813 The Securing Annuities for Federal Employees Act of 2012 Saves $17.22 per family
H.R. 3408 The PIONEERS Act Saves $0.04 per family
S. 1813 The MAP-21 Costs $127.76 per family
H.R. 3410 The Energy Security and Transportation Jobs Act Costs $7.86 per family
H.R. 3397 The Cabin Fee Act of 2011 Costs $0.18 per family
H.R. 3407 The Alaskan Energy for American Jobs Act Costs $20.42 per family
H.R. 3864 The American Energy and Infrastructure Jobs Financing Act of 2012 Costs $4,307.06 per family
H.R. 3336 The Small Business Credit Availability Act Costs $0.00 per family
H.R. 3527 The Protecting Main Street End-Users From Excessive Regulation Costs $0.00 per family
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Updated Items
H.R. 2682 The Business Risk Mitigation and Price Stabilization Act of 2011 Costs $0.00 per family
H.R. 2586 The Swap Execution Facility Clarification Act Costs $0.00 per family
H.R. 2779 To exempt inter-affiliate swaps from certain regulatory requirements put in place by the Dodd-Frank Wall Street Reform and Consumer Protection Act Costs $0.00 per family
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