See How Your Politicians Voted
Title: Budget Reconciliation Bill
Vote Smart's Synopsis:
Vote to adopt a conference report that reduces federal spending by $39.68 billion over five years by decreasing the amount of funds spent on Medicaid, Medicare, agriculture, employee pensions, conservation, student loans, and provide a down-payment toward hurricane recovery and reconstruction costs.
- Decreases market loss payments to eligible dairy farmers from 45 percent to 34 percent until September 1st, 2007 when payments will drop down from 34 percent to 0 percent (Sec. 1101).
- Authorizes the Secretary of Agriculture to reduce the total amount of payments given to farmers for covered commodities, including peanuts (Sec. 1102).
- Repeals the Secretary of Agriculture's authority to issue Cotton User Marketing Certificates of the Farm Security and Rural Investment Act of 2002 (Sec. 1103).
- Amends the Watershed Protection and Flood Prevention Act in funding for Watershed Rehabilitation Program and terminates all non-obligated funds after October 1, 2006 (Sec. 1201).
- Sets the funding level for Conservation Security Programs not more than $1.95 billion through 2010 and not more than $5.65 billion through 2015 (Sec. 1202).
- Terminates rural firefighters and emergency personnel grants and rural business investment grants after 2006 (Sec. 1405).
- Terminates the multi-year funds for future food and agriculture systems (Sec. 1501).
- Makes the sale or loan of housing below market value by the Federal Housing Administration subject to the availability of appropriations (Secs. 2001-2003).
- Creates the new Deposit Insurance Fund by combining the protections of Bank Insurance Fund (BIF) and Savings Association Insurance Fund (SAIF) (Sec. 2102).
- Amends the Federal Deposit Insurance Act to include coverage for certain employee benefit plans such as pass-through deposit insurance and more than doubles the limit of coverage of deposit insurance for certain retirement (Sec. 2103).
- Requires spectrum reclaimed from analog television services be auctioned off and a complete termination of full powered analog television service by February 18th, 2009 (Sec. 3002).
- Allocates $30 million for the New York City Digital Transition to reimburse the Metropolitan Television Alliance for their costs of establishing a temporary digital television broadcast system to serve the NYC area until the Freedom Tower is complete (Sec. 3007).
- Allows $50 million to implement a tsunami warning and coastal vulnerability program called the National Tsunami Alert System (Sec. 3010).
- Provides at most $43.5 million from the Digital Television Transition and Public Safety Fund for the Enhance 911 Act of 2004, a 911 program that offers grants to improve emergency services made by wireless phones (Sec. 3011).
- Increases tonnage charges collected on vessels entering the US from 2 cents to 4.5 cents per ton until 2010 (Sec. 4001).
- Accelerates the increase in premiums for high income enrollees in the Medicare Part B program (Sec. 5111).
- States that after 36 continuous months of renting oxygen equipment and or 13 months for certain durable medical equipment a beneficiary will own the equipment (Sec. 5101).
- Clarifies how Medicaid Patient Days for Disproportionate Share Hospital (DSH) are calculated so patients eligible for a demonstration waiver are counted (Sec. 5002).
- Reduces payments to skilled nursing facilities for bad debt due to Medicare insurance policy by 30 percent as long as the individuals is not also eligible for Medicaid (Sec. 5004).
- Keeps conversion factors for payments to physicians at 2005 level (Sec. 5104).
- Amends the Social Security Act so that children's hospitals can participate in the Drug Discount Program (Sec. 6004).
- Extends the authorization of how far back a State can look to determine if an individual should be terminated from Medicaid services or denied eligibility due to disposing of multiple assets at less than fair market value (Sec. 6011).
- Determines that an individual shall not be eligible for medical assistance in a nursing facility or any other facility that provides long-term care if that individual's home equity interest exceeds $500,000 (Sec. 6014).
- Gives states the option of imposing premiums and cost sharing on groups of individuals or for a specific type of service (Sec. 6041).
- Ends coverage of direct delivery of certain foster care services such as assessments of adoption placements, foster care subsidies, recruiting or interviewing potential foster care parents, and home investigations by redefining the term "case management services" (Sec. 6052).
- Allows families of children with disabilities to purchase Medicaid coverage for their child (Sec. 6062).
- Provides $2 billion for Hurricane Katrina victims' healthcare and requires the federal government to completely reimburse states for the cost of the emergency health care (Sec. 6201).
- Increases' states ability to collect child support (Sec. 7301).
- Establishes a Fatherhood Program that allows public entities and nonprofits to design projects and activities that promote positive father involvement in families, enhance job skills for unemployed or low-income fathers, improve a father's abilities to manage family business affairs, and provide premarital education programs to couples (Sec. 7103).
- Allocates $100 million in grants to programs that provide safety and training to judges, attorneys and other legal personnel in child welfare cases (Sec. 7401).
- Increases first and second year loan limits from $2,625 and $3,500 to $3,500 and $4,500 respectively (Sec. 8005).
- Authorizes PLUS loans for graduate and professional students and increases such loans from 7.9 percent to 8.5 percent fixed (Sec. 8006).
- Allows for a 3-year military deferment for borrowers whose first loans are disbursed on or after July 1, 2001 (Sec. 8007).
- Restricts participation in the school-as-lender program to those already in the program (Sec. 8011).
- Creates the Academic Competitiveness and the National Science and Mathematics Access to Retain Talent (SMART) grant programs (Sec. 8003).
- Increases the Pension Benefit Guarantee Corporation (PBGC) premiums compensation plans on how companies operate and organize their plans (Sec. 8101).
- Allocates $1 billion for Low-Income Home Energy Assistance Program (LIHEAP) for the FY 2007 (Sec. 9001).
- Increases district and appeals court fees and bankruptcy filing fees (Sec. 10101).