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## 

## The Money Monitor

#### **The only document that tracks the costs of bills [as they pass the House]{.underline}**

### 

### **Week of July 10-14, 2006**

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Net five-year cost of House authorizations passed by the House *this
week*:

**\$49,700,000.00**

> H.R. 122 Eastern Municipal Water District Recycled Water System
>
> Pressurization and Expansion Project \$5.0 million
>
> H.R. 3897 Madera Water Supply and Groundwater Enhancement
>
> Project Act \$12.0 million
>
> H.R. 5232 Cherry Valley National Wildlife Refuge Study Act \$0.2
> million
>
> H.R. 2563 To authorize the Secretary of the Interior to conduct
>
> feasibility studies to address certain water shortages
>
> within the Snake, Boise, and Payette River systems in Idaho \$3.0
> million
>
> H.R. 4411 Internet Gambling Prohibition and Enforcement Act \$2.0
> million
>
> S. 655 A bill to amend the Public Health Service Act with respect
>
> to the National Foundation for the Centers for Disease
>
> Control and Prevention \$10.0 million
>
> H.R. 2990 Credit Rating Agency Duopoly Relief Act \$3.0 million
>
> H.R. 5646 To study and promote the use of energy efficient computer
>
> servers in the United States \$0.5 million
>
> H.R. 9 Fannie Lou Hamer, Rosa Parks, and Coretta Scott King
>
> Voting Rights Act Reauthorization and Amendments Act
>
> of 2006 \$14.0 million

TOTAL FIVE-YEAR COST OF THIS WEEK'S AUTHORIZATIONS \$49.7 million

*Year-to-date total* of net five-year costs of House-passed
authorizations:

**\$643,675,460,000.00**

Net five-year change in House-passed mandatory spending *this week*:

**\$0.00**

*Year-to-date* net five-year change in House-passed mandatory spending:

**-\$37,723,000,000.00**

Net one-year cost of appropriations passed by the House *this week*:

######## Fiscal Year 2005: \$0.00

######## Fiscal Year 2006: \$0.00

######## Fiscal Year 2007: \$0.00

######## Fiscal Year 2008: \$0.00

*Year-to-date total* of net one-year costs of appropriations passed
during the 2^nd^ Session of the 109^th^ Congress:

######## Fiscal Year 2005: \$0.00

######## Fiscal Year 2006: \$91,949,000,000.00

**Fiscal Year 2007: \$780,415,000,000.00**

######## Fiscal Year 2008: \$4,300,000,000.00

Net five-year revenue change by House bills passed *this week*:

**-\$1,500,000.00**

> H.J.Res. 86 Approving the renewal of import restrictions contained
>
> in the Burmese Freedom and Democracy Act of 2003 -\$1.5 million

TOTAL FIVE-YEAR CHANGE IN REVENUES THIS WEEK -\$1.5 million

*Year-to-date* net five-year revenue change by House-passed bills:

**-\$90,897,800,000.00**

An authorization (otherwise known as "discretionary spending")
explicitly allows funding for a certain program and/or directs a federal
agency to take a certain action. Authorizations express the House's
*intent* to spend, however, actual funding is provided through the
annual appropriations process.

Mandatory spending directly establishes an appropriation. No subsequent
action is required for the money to be spent.

The figures for revenue changes are from **"static"** estimates by the
Joint Committee on Taxation or the Congressional Budget Office. That is,
they do not take into account the stimulative effects that certain tax
cuts and certain other revenue reductions have on the national economy.

**Authorizations with no [net]{.underline} cost, bills that would result
in no significant [net]{.underline} change in mandatory spending or
federal revenue, and private-sector costs from federal mandates are not
reported here.**

All numbers in "The Money Monitor" are positive unless otherwise
indicated.

**[Neither the costs of conference reports nor the costs of bills that
have already been recorded under substantively similar House-passed
legislation this year are recorded here]{.underline}. "The Money
Monitor," which operates as an annual document, only accounts for the
costs of bills as they [first]{.underline} pass the House (unless the
prior bills related to such reports and bills have not come to the floor
during this calendar year or unless they contain significant cost
changes BEFORE going to the Senate). [In short, "The Money Monitor"
primarily tracks the House's *original* monetary intent each calendar
year]{.underline}.**

##### 

Most estimates are provided by the Congressional Budget Office (CBO),
though some are provided by the Joint Committee on Taxation, the
referring House committee, or RSC staff calculations.

##### Staff contact: Paul Teller, [paul.teller@mail.house.gov]{.underline}, 202-226-9718