H.R. 1388 GIVE ACT, Hidden Billions, to be Voted tomorrow
Full H.R 1388 Document
Congressional Budget Office ^ | March 17, 2009 | Peter Fontaine, Ass. Dir.Budget AnalysisPosted on Tue Mar 17 2009 17:16:28 GMT-0700 (Pacific Daylight Time) by joygrace
“H.R. 1388 would amend and reauthorize programs established under the National and Community Service Act of 1990 (NCSA) and the Domestic Volunteer Service Act of 1973 (DVSA).
Assuming appropriation of the estimated amounts, CBO estimates that implementing the bill would cost $481 million in 2010 and about $6 billion over the 2010-2014 period.Enacting the bill would not affect direct spending or receipts.
H.R. 1388 contains no intergovernmental mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments.H.R. 1388 contains no private-sector mandates as defined in UMRA.
ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary impact of H.R. 1388 is shown in the following table. The costs of this legislation fall within budget function 500 (education, employment, training, and social services).”(Excerpt) Read more at cbo.gov ...
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