WASHINGTON, Nov. 5 /PRNewswire-USNewswire/ -- This is the WashingtonWatch.com federal legislative update for the week of November 5, 2007 .
This week the Senate will debate H.R. 2419, the Farm Bill Extension Act of
2007. It would provide for the continuation of federal agricultural programs
through fiscal year 2012. Its passage would cost about
A related bill was recently introduced in the Senate. S. 2302, the Food
and Energy Security Act of 2007, would cost the average U.S. family a little
under
The House will consider H.R. 3996, the Temporary Tax Relief Act of 2007.
It would amend the Internal Revenue Code regarding the alternative minimum
tax, the discharge of mortgage indebtedness, and tax administration, and it
would extend certain expiring tax credits, deductions, and other tax
incentives. Passage of the bill would save the average U.S. family a little
over
The President recently vetoed H.R. 1495, the Water Resources Development
Act of 2007. It would have spent about
Displayed below are select new, updated, and passed items with their cost or savings per family.
New Items S. 2284 An original bill to amend the National Flood Insurance Act of 1968, to restore the financial solvency of the flood insurance fund, and for other purposes Costs $46.93 per family http://www.washingtonwatch.com/bills/show/110_SN_2284.html H.R. 3920 The Trade and Globalization Act of 2007 Costs $244.72 per family http://www.washingtonwatch.com/bills/show/110_HR_3920.html S. 2242 The Heartland, Habitat, Harvest, and Horticulture Act of 2007 Costs $65.37 per family http://www.washingtonwatch.com/bills/show/110_SN_2242.html S. 2285 An original bill to reauthorize the Federal terrorism risk insurance program, and for other purposes Costs $64.04 per family http://www.washingtonwatch.com/bills/show/110_SN_2285.html Updated Items H.R. 2830 The Coast Guard Authorization Act of 2007 Costs $74.16 per family http://www.washingtonwatch.com/bills/show/110_HR_2830.html Passed Items P.L. 110-108 The Internet Tax Freedom Act Amendments Act of 2007 Saves $14.90 per family http://www.washingtonwatch.com/bills/show/110_PL_110-108.html P.L. 110-109 The Third Higher Education Extension Act of 2007 http://www.washingtonwatch.com/bills/show/110_PL_110-109.htmlSOURCE WashingtonWatch.com