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Latest Taxpayer's Tab: Muhammad Ali & Foreign Policy


Michael Tasselmyer
January 25, 2013

While recent approval ratings suggest Congress probably won't earn a nickname like "The Greatest" any time soon, one Member has introduced legislation inspired by famous boxer Muhammad Ali's humanitarian work. In this week's issue of The Taxpayer's Tab, NTUF examined that bill's budgetary impact and 3 others that could affect taxpayers.

Earlier this month, Congressman John Yarmouth (D-KY) introduced H.R. 305, the Muhammad Ali Legacy Act. The bill would authorize grants for nonprofit organizations that perform work in areas such as conflict resolution, violence prevention, and peace building. It was introduced to honor the charitable contributions of boxer Muhammad Ali, who has worked to advance causes such as civil rights and religious freedom for others. The bill would increase spending by $15 million over 3 years.

Also highlighted in the latest issue:

  • Most Expensive: H.R. 79, the Medicaid Payment Fairness to the Territories Act, was introduced by Virgin Islands Delegate Donna Christensen. It would increase the amount of Medicaid reimbursement funds the federal government sends to U.S. Territories by nearly $1.6 billion.
  • Least Expensive: Congressman Tom Cole (R-OK) sponsored H.R. 95, a bill to reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions. The bill would save the federal government $59 million per year, or $297 million over five years.
  • Most Friended: Nevada Congressman Joe Heck's Stolen Valor Act is this week's Most Friended bill, with 71 bipartisan cosponsors. H.R. 258 would make it a crime to misrepresent oneself as the recipient of a military award with the intent to claim government benefits. CBO found that it wouldn't pose a significant cost to federal agencies to enforce the law.

For a more detailed look at each of these bills, including the BillTally spending records of the Members who introduced them, check out the latest issue of the Tab online.

If you'd like to receive future issues of the Taxpayer's Tab in your inbox each week, be sure to sign up for the mailing list here.


 

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