ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 3672, TANF Emergency Response and Recovery Act of 2005   [open pdf - 65KB]

This is the Congressional Budget Office (CBO) Cost Estimate as cleared by the Congress on September 15, 2005, and signed by the President on September 21, 2005. From the Summary: "H.R. 3672, enacted as Public Law 109-68, extends the Temporary Assistance for Needy Families (TANF) and child care entitlement programs through December 31, 2005, makes those funds available to states immediately, and provides additional funds to states that were damaged by Hurricane Katrina or that are hosting evacuees from the hurricane. In extending the TANF and child care entitlement programs for three months, this act provides a total of $6 billion in additional funding for those programs. However, CBO already assumes that level of funding in its baseline, as required by section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985 (Deficit Control Act). Therefore, the extension of those programs - with the exception of TANF supplemental grants - has no cost relative to the baseline. CBO estimates that H.R. 3672 will increase direct spending, relative to the baseline, by an insignificant amount in 2005, $350 million in 2006, and $396 million over the 2006-2010 period."

Publisher:
Date:
2005-09-26
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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