Did you get your Money’s Worth from Congress last week?
Both the House and Senate were in session last week. In addition to the measures outlined below, the White House and Congress continued behind-the-scenes negotiations to try to hammer out a deal to raise the statutory debt limit and reduce the budget deficit. As of Friday, no deal had been reached.
It’s also worth noting, according to The Hill, in the debate on the fiscal year 2012 Energy and Water spending bill, the House rejected several proposals to reduce spending.
What you paid
Last week taxpayers spent roughly $107.8 million on Congress.
Salaries of Members of Congress and their allowances/week:
Average budget for Members of Congress: ($1,600,000/52) x 535 = $16,461,538
Non-salary money allocated for Congress: $4.656 billion/52 = $89,538,462
What you got
The House voted for four bills that would cost the federal government more than $31.3 billion over the next five years:
H.R. 2354, Fiscal year 2012 energy and water spending bill. COST: $30.6 billion
H.R. 2018, Amending the Federal Water Pollution Control Act to preserve the authority of each State to make determinations relating to the States water quality standards. COST: no “significant impact on EPA’s budget”
H.R. 2417, Better Use of Light Bulbs Act. SAVINGS: $30 million over 5 years
H.R. 1309, Reauthorizing the national flood insurance program, to achieve reforms to improve the financial integrity and stability of the program, and to increase the role of private markets in the management of flood insurance risk. COST: $749 million over 5 years
The Senate again invoked cloture on S. 1323, “A bill to express the sense of the Senate on shared sacrifice in resolving the budget deficit…” The chamber also began work on the fiscal year 2012 Military Construction-Veterans Affairs spending bill.