Number: RL33127 Title: Speaker Hastert's Plan to Offset Spending: A Procedural Perspective Authors: Robert Keith, Government and Finance Division Abstract: This report provides background on the "Hastert Plan" to enact legislation offsetting the increased budget costs stemming from relief and reconstruction efforts associated with Hurricanes Katrina and Rita. Following a background section and a brief tally of potential costs to be offset, the report examines the various procedures that could be used to formalize and implement the plan. Other offset plans that have been offered are not addressed specifically in this report, but they likely would involve some or all of the same procedures discussed here. Pages: 14 Date: October 26, 2005