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$572 Million Net Federal Spending in Taxpayer’s Tab


Dan Barrett
November 9, 2010

Tab Insert

The NTU Foundation’s Taxpayer’s Tab is back to its regular schedule and format, highlighting four newly scored Congressional bills.

Covering veterans educational benefits, the Most Expensive Bill of the Week would allow certain service members to transfer benefits to their dependents. The Least Expensive Bill of the Week would establish a comprehensive energy plan, including more domestic oil exploration, alternative technology development, and a natural gas vehicle demonstration project provision. The House version of the Prevention First Act was found to increase federal spending by $417 million in the first year.

Bills covered in the latest Taxpayer’s Tab include:

  • HR 3577, Education Assistance to Realign New Eligibilities for Dependents (EARNED) Act of 2009
  • HR 3505, American Energy Production and Price Reduction Act
  • HR 463/S 21, Prevention First Act
  • S 3078/HR 4757, health Insurance Rate Authority Act of 2010

 

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Submitted by SkiingGabber at: January 22, 2011
HR 3577 adds no additional cost to taxpayers. HR 3577 allows transferability of education benefit to dependents of military retirees. If the transferability is not allowed the benefit will be used by the retired military member. The benefit is a one time use only.