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Latest Taxpayer's Tab: IPAB Repeal, Lyme Disease Research, & More


Michael Tasselmyer
March 8, 2013

Tab Insert

Between sequestration, snowstorms, and filibusters, things have been busy in Washington recently, and NTUF continues to research legislation introduced in the 113th Congress for the BillTally project. In this week's Taxpayer's Tab, we took a look at some of the more noteworthy bills we've seen lately.

The "Least Expensive" bills featured in this week's tab were sponsored by Congressman Tom Price (R-GA) and Senator Marco Rubio (R-FL), who introduced H.R. 828 and S. 379 in their respective chambers. The bills, each titled the Decrease Spending Now Act, would rescind $45 billion in unobligated funds from the federal budget. Those funds would instead be put towards paying down the national debt. The text of the bills requires the targeted funds to be reported to Congress within 60 days. However, NTUF scored the bill as a multi-year savings after analyzing recent reports from the Congressional Budget Office. We determined that the bill would save $9 million annually over 5 years.

Also featured this week:

  • Most Expensive: Congressman Donald Payne (D-NJ) introduced H.R. 868, the Safer Neighborhoods Gun Buyback Act of 2013, which would authorize grants to implement a nation-wide gun buyback program. The grants would go to state & local governments as well as gun dealers themselves, and would cost the federal government $720 million over two years ($360 million annually).
  • Most Friended: Congressman Phil Roe (R-TX) and Senator John Cornyn (R-TX) introduced H.R. 351 and S. 351, the Protecting Seniors' Access to Medicare Act of 2013. The bills would repeal the Independent Payment Advisory Board (IPAB) established under the Affordable Care Act, and save $15 million in doing so. It currently has 137 cosponsors in the House and 31 in the Senate.
  • The Wildcard: Congressman Christopher Smith (R-NJ) introduced H.R. 611, the Lyme and Tick-Borne Diseases Prevention, Education, and Research Act of 2013. It would authorize $100 million over 5 years ($20 million per year) to fund research and education related to Lyme Disease.

Check out the Tab for a more detailed look at each of these bills and their sponsors. If you'd like to receive the Taxpayer's Tab via email, be sure to sign up for our electronic mailing list by clicking here.


 

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