Did you get your Money’s Worth from Congress last week?

Money's Worth | November 21, 2011

The House and Senate passed a $182 billion minibus spending bill last week. The bill rolled three individual fiscal year 2012 appropriations bills – Agriculture; Commerce, Justice and science; and Transportation and Housing and Urban Development – into one. Since several appropriations bills have yet to pass, the measure also contained a continuing resolution that will keep the federal government funded through Dec. 16.

The House also voted down a proposed balanced budget amendment to the U.S. Constitution.

Up this week: how Congress will deal with the debt supercommittee’s apparent failure to come up with a compromise for cutting the federal budget deficit.

What you paid
Last week taxpayers spent roughly $107.8 million on Congress.

Salaries of Members of Congress and their allowances/week:

Speaker of the House: $223,500/52 = $4,299
House and Senate Majority and Minority Leaders: ($193,400/52) x 4 = $14,877
Other Representatives and Senators: ($174,000/52) x 530 = $1,773,462

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
In addition to the minibus mentioned above, the House voted to pass four bills and resolutions that would save taxpayers about $20.3 billion over 10 years:

H.R. 674, To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities. SAVINGS: $20.3 billion over 10 years

H.R. 822, To amend title 18, U.S. Code, to provide a national standard in accordance with which nonresidents of a State may carry concealed firearms in the state. COST: “No significant cost to the federal government

H.R. 2422, To designate the facility of the U.S. Postal Service located at 45 Bay Street, Suite 2, in Staten Island, NY as the Sergeant Angel Mendez Post Office. COST: $0

H.R. 298, To designate the facility of the U.S. Postal Service located at 500 East Whitestone Boulevard in Cedar Park, TX as the Army Specialist Matthew Troy Morris Post Office Building. COST: $0

S. 1412, To designate the facility of the U.S. Postal Service located at 462 Washington Street, Woburn, MA as the Officer John Maguire Post Office. COST: $0

In addition to the minibus mentioned above, the Senate confirmed Yvonne Gonzalez Rogers and Sharon L. Gleason to be U.S. district court judges.

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