Washingtonwatch.com tracks the bills in US Congress

washingtonwatch logoThis initiative has a very curious purpose; it looks to deliver the numbers behind proposed legislation in the US.

This is how it works: they first analize government predictions about costs or savings from proposed changes to government spending, taxation and regulation. Then they calculate the net present value of those initiatives and divide that figure by the total population of the United States.The resulting numbers convey the significance to average American of those proposed changes, in dollars and cents.

WashingtonWatch recognizes that their predictions are not perfect; but in any case it looks like an interesting exercise.You can review here one concrete example of how it works, one that shows the cost of providing an increase in the Federal minimum wage.

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