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Saturday, December 11, 2010

CBO and the Joint Committee on Taxation have released detailed estimates of the cost of the current Congressional sell out

In case you haven't seen them, CBO and the Joint Committee on Taxation have released detailed estimates of the cost of the current Congressional sell out of our children and grandchildren. 
 
The latest bill that is before the Senate is called Senate Amendment (SA) 4753 to H.R. 4853.
 
Attached are:
1.  CBO's 1-page summary of the $892,852,000,000 addition to the deficit & debt during FY2011-2015.
2.  Joint Tax Committee 9-page detailed estimate.  Look like Sec. 1603 extension would cost about $3 billion
3.  Joint Tax Committee 177-page "technical" description.  You will find the wind stuff around page 74.
 
If you agree that this Republican-Democrat outrage should be stopped, call, fax, email your Senators.  Don't forget their district offices which you can find by going to www.senate.gov click on members and then on your senators' web pages.
 

3 attachments — Download all attachments  
CBOCostestimateSA4753.pdfCBOCostestimateSA4753.pdf
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DetailedcostestimatestaxprovisionofSA4753.pdfDetailedcostestimatestaxprovisionofSA4753.pdf
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TechnicalExplanationofSA4753.pdfTechnicalExplanationofSA4753.pdf
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