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Latest Taxpayer's Tab: The BillTally Top 10


Michael Tasselmyer
November 9, 2013

Tab Insert

In this week's edition of The Taxpayer's Tab, NTUF continues to offer analysis and insight into the latest BillTally report, which covers the legislative proposals introduced during the first six months of the 113th Congress. The data shows that savings proposals have been coming at a slower pace than in previous sessions, and if history is any indication, we aren't likely to see many more over the next year. The total spending agenda proposed so far this Congress? $1.28 trillion.

In this week's Tab, NTUF focused on the defense-related spending proposals we identified in each Chamber. The differences between the House and Senate with respect to these bills might surprise some taxpayers, and could play into the budget committee's approach to a long-term fiscal deal over the next few weeks. For more, check out the online edition of the Tab here.

And, to round out our coverage of the BillTally release, we've put together a list of the five most and least expensive proposals we saw over the first half of the year:

Spending Cut Bills:

  1. S. 547, the One Percent Spending Reduction Act of 2013. Introduced by Senator Mike Enzi (R-WY). Savings: $99.5 billion
  2. S. 173, the Simplified, Manageable, And Responsible Tax (SMART) Act. Introduced by Senator Richard Shelby (R-AL). Savings: $85.8 billion
  3. H.R. 45/H.R. 132/H.R. 1005/S. 177, the ObamaCare Repeal Act. Introduced by Rep. Michele Bachmann (R-MN)/Steve King (R-IA)/Tom Graves (R-GA)/Senator Ted Cruz (R-TX). Savings: $63.9 billion
  4. H.R. 779, the Access to Insurance for All Americans Act. Introduced by Rep. Darrell Issa (R-CA). Savings: $56.4 billion
  5. H.R. 57, a bill to make 15 percent across-the-board rescissions in non-defense, non-homeland-security, and non-veterans-affairs discretionary spending for each of the fiscal years 2013 and 2014. Introduced by Rep. Marsha Blackburn (R-TN). Savings: $53.9 billion

Spending Increase Bills:

  1. H.R. 676, the Expanded & Improved Medicare For All Act. Introduced by Rep. John Conyers (D-MI). Cost: $1.16 trillion
  2. H.R. 1200, the American Health Security Act of 2013. Introduced by Rep. Jim McDermott (D-WA). Cost: $824.5 billion
  3. S. 627, the Medical Innovation Prize Fund Act. Introduced by Senator Bernard Sanders (I-VT). Cost: $108.5 billion
  4. H.R. 870, the Humphrey-Hawkins 21st Century Full Employment and Training Act of 2013. Introduced by Rep. John Conyers (D-MI). Cost: $100.5 billion
  5. H.R. 1617, the Emergency Jobs to Restore the American Dream Act. Introduced by Rep. Jan Schakowsky (D-IL). Cost: $45.6 billion
For more information, check out the Tab online here, and be sure to sign up for future email updates.

 

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