ABSTRACT

Congressional Budget Office Cost Estimate: Digital Transition and Public Safety Act of 2005   [open pdf - 25KB]

This is the Congressional Budget Office (CBO) Cost Estimate as approved by the Senate Committee on Commerce, Science, and Transportation on October 20, 2005. From the Summary: "The Digital Transition and Public Safety Act of 2005 would amend existing law regarding the Federal Communications Commissions (FCCs) authority to auction licenses to use the electromagnetic spectrum, resulting in additional auction proceeds. The Department of Commerce would spend a portion of those proceeds on television converter boxes for consumers, communications systems, and assistance to coastal regions affected by hurricanes and other disasters. In addition, funds would be made available for the Department of Transportation's Essential Air Service program. CBO estimates that enacting this legislation would reduce direct spending by $6.0 billion over the 2006-2010 period and by $5.1 billion over the 2006-2015 period. Enacting the legislation would not affect federal revenues."

Publisher:
Date:
2005-10-24
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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