Thursday, June 17, 2010

H.R. 4173 Restoring American Financial Stability Act of 2010
"...CBO and the Joint Committee on Taxation (JCT) estimate that enacting H.R. 4173 would
increase revenues by $12.1 billion over the 2011-2015 period and by $33.5 billion over
the 2011-2020 period and increase direct spending by $25.0 billion and $53.2 billion over
the same periods, respectively. In total, CBO estimates those changes would increase
budget deficits by $12.9 billion over the 2011-2015 period and by $19.7 billion over the
2011-2020 period. In addition, CBO estimates that implementing the act would increase
spending subject to appropriation by $4.6 billion over the 2011-2015 period and
$13.2 billion over the 2011-2020 period..."

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