On the Blog: Teeing Up Tax Reform

The House and Senate have competing bills to extend Bush-era tax cuts, but the interesting thing is a House plan to pave the way for tax reform in the coming Congress.

Read about it in a post entitled: “Dueling Tax Cuts—And From the Fog…Tax Reform?“

Featured Items

This week, the House will debate H.R. 8, the Job Protection and Recession Prevention Act of 2012.

The bill would extend certain tax relief provisions enacted in 2001 and 2003.

It is the House’s counterpart to S. 3412, passed by the Senate last week.

There is no cost/savings estimate for H.R. 8 yet.

The Senate will debate S. 3414, the Cybersecurity Act of 2012 (aka the “CSA2012″).

The bill is intended to enhance the security and resiliency of the cyber and communications infrastructure of the United States.

There is no cost estimate for S. 3414 yet.

H.R. 8
The Job Protection and Recession Prevention Act of 2012

S. 3414
The CSA2012

What People Think

The Job Protection and Recession Prevention Act of 2012 50% For, 50% Against Vote on this Bill

The CSA2012 20% For, 80% Against Vote on this Bill

Displayed below are new, updated, and passed items with their cost or savings per family.

New Items

H.R. 1950
To enact title 54, United States Code, “National Park System”, as positive law
Costs $0.00 per family

H.R. 4362
The STOP Identity Theft Act of 2012
Costs $0.00 per family

S. 285
— Private Bill; A bill for the relief of Sopuruchi Chukwueke
Costs $0.00 per family

S. 1065
The Blackfoot River Land Settlement Act of 2011
Costs $0.01 per family

H.R. 4297
The Workforce Investment Improvement Act of 2012
Costs $237.81 per family

H.R. 4606
To authorize the issuance of right-of-way permits for natural gas pipelines in Glacier National Park, and for other purpose
Costs $0.00 per family

H.R. 6083
The Federal Agriculture Reform and Risk Management Act of 2012
Saves $51.36 per family

H.R. 5987
The Manhattan Project National Historical Park Act
Costs $0.18 per family

H.R. 6062
The Edward Byrne Memorial Justice Assistance Grant Program Reauthorization Act of 2012
Costs $23.61 per family

H.R. 6169
The Pathway to Job Creation through a Simpler, Fairer Tax Code Act of 2012
Costs $0.00 per family

H.R. 6079
The Repeal of Obamacare Act
Saves $15,138.39 per family

S. 3406
The Russia and Moldova Jackson-Vanik Repeal and Magnitsky Rule of Law Accountability Act of 2012
Costs $0.06 per family

H.R. 3641
The Pinnacles National Park Act
Costs $0.00 per family

S. 3326
A bill to amend the African Growth and Opportunity Act to extend the third-country fabric program and to add South Sudan to the list of countries eligible for designation under that Act, to make technical corrections to the Harmonized Tariff Schedule of the United States relating to the textile and apparel rules of origin for the Dominican Republic-Central America-United States Free Trade Agreement, to approve the renewal of import restrictions contained in the Burmese Freedom and Democracy Act of 2003, and for other purposes
Saves $0.32 per family

Updated Items

H.R. 915
The Jaime Zapata Border Enforcement Security Task Force Act
Costs $0.30 per family

H.R. 4078
The Regulatory Freeze for Jobs Act of 2012
Costs $0.78 per family

Passed Items

P.L. 112-147
The Veteran Skills to Jobs Act
Costs $0.00 per family