S. 1638 would increase the salaries and change certain retirement benefits for some judges and justices of the United States. The bill also would allow those judges and justices to receive annual cost-of-living adjustments (COLAs) without further Congressional approval and would increase the compensation paid to Chapter 7 bankruptcy trustees.
CBO estimates that enacting S. 1638 would increase direct spending by $1.9 billion over the 2009-2018 period. The bill also would increase revenues by $321 million over the 2009-2018 period. In addition, CBO estimates that implementing S. 1638 would result in additional discretionary spending of $166 million over the 2009-2013 period and $418 million over the next 10 years, assuming appropriation of the necessary amounts.
S. 1638 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments.