Coming Soon, and Up for Debate This Week: War Spending, Housing Foreclosures, and Aviation Spending

Last week, the White House sent Congress a request for $70 billion in additional war funding. It is expected that this will be included in an upcoming supplemental spending bill. The bill may also include spending on extension of unemployment benefits and college aid to veterans.

The spending request amounts to about $680 per family in the U.S., or $220 per person. Extending unemployment benefits or aiding veterans would add additional costs.

This week, the House is scheduled to consider H.R. 5818, the Neighborhood Stabilization Act of 2008. This bill would authorize loans and grants for state programs to acquire foreclosed housing, which is intended to alleviate problems in the mortgage and housing markets.

Passage of the Neighborhood Stabilization Act would cost the average U.S. family about $74.

    H.R. 5818
    The Neighborhood Stabilization Act of 2008
    Costs $73.96 per family
    What People Think: 40% For, 60% Against
    http://www.washingtonwatch.com/bills/show/110_HR_5818.html

The Senate is scheduled to continue debating H.R. 2881, the FAA Reauthorization Act. The bill authorizes spending on the Federal Aviation Administration for fiscal years 2008 through 2011. The bill is also intended to improve aviation safety and capacity.

Passage of the FAA Reauthorization Act would cost the average U.S. family a little over $480.

    H.R. 2881
    The FAA Reauthorization Act of 2007
    Costs $482.54 per family
    What People Think: 62% For, 38% Against
    http://www.washingtonwatch.com/bills/show/110_HR_2881.html

Displayed below are new, updated, and passed items with their cost or savings per family.

    New Items

    S. 2136
    The Helping Families Save Their Homes in Bankruptcy Act of 2007
    Saves $0.03 per family
    http://www.washingtonwatch.com/bills/show/110_SN_2136.html

    H.R. 5830
    The FHA Housing Stabilization and Homeownership Retention Act of 2008
    Costs $25.10 per family
    http://www.washingtonwatch.com/bills/show/110_HR_5830.html

    H.R. 1575
    The Burt Lake Band of Ottawa and Chippewa Indians Reaffirmation Act
    Costs $0.18 per family
    http://www.washingtonwatch.com/bills/show/110_HR_1575.html

    H.R. 5818
    The Neighborhood Stabilization Act of 2008
    Costs $73.96 per family
    http://www.washingtonwatch.com/bills/show/110_HR_5818.html

    S. 702
    The State Court Interpreter Grant Program Act
    Costs $0.40 per family
    http://www.washingtonwatch.com/bills/show/110_SN_702.html

    Updated Items

    H.R. 3221
    The Foreclosure Prevention Act of 2008
    Saves $183.28 per family
    http://www.washingtonwatch.com/bills/show/110_HR_3221.html

    Passed Items

    P.L. 110-206
    The Reauthorization of the Traumatic Brain Injury Act
    Costs $13.32 per family
    http://www.washingtonwatch.com/bills/show/110_PL_110-206.html

    P.L. 110-207
    The Purple Heart Family Equity Act of 2007
    Costs $0.00 per family
    http://www.washingtonwatch.com/bills/show/110_PL_110-207.html

P.L. 110-208

A bill to amend Public Law 110-196 to provide for a temporary extension of programs authorized by the Farm Security and Rural Investment Act of 2002 beyond May 2, 2008

http://www.washingtonwatch.com/bills/show/110_PL_110-208.html

SOURCE WashingtonWatch.com

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