ABSTRACT

Congressional Budget Office Cost Estimate: S. 1777, Katrina Emergency Assistance Act of 2006   [open pdf - 14KB]

This is the Congressional Budget Office (CBO) Cost Estimate as cleared by the Congress on March 3, 2006, and signed by the President on March 6, 2006. From the Summary: "S. 1777, enacted as Public Law 109-176, expands the Federal Emergency Management Agency's (FEMA's) authority to help individuals by providing 13 additional weeks of unemployment benefits under the Disaster Unemployment Assistance Program (DUA). Under current law, unemployment benefits are limited to 26 weeks. CBO expects that FEMA would pay for the cost of increasing this benefit with funds provided by two supplemental appropriation acts enacted after Hurricane Katrina (Public Laws 109-61 and 109-62). Because this legislation would provide a new use for those funds, CBO expects that more of the appropriated funds will be spent over the next five years. CBO estimates that enacting S. 1777 would increase spending by $250 million in 2006, but would have no net impact on total outlays over the next five years because it would reduce spending within the 2007-2010 period."

Publisher:
Date:
2006-03-22
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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