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[Tobacco] Budget/Spending [2]

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OCR Page 1 of 47
TFUNDS.911 Page 1 AMOUNT OF TOBACCO INDUSTRY PAYMENTS IN THE SETTLEMENT OPTION Payments over 25 year Increase in (real dollars) Pack in Y 1. Current Settlement Base: $368 billion 62 ¢ / p [assuming BBA credit is repealed] Look-Back: $x billion [need to lookba 2. Tough Look-Back Base: $368 billion [$1.45] / [assuming BBA credit is repealed Look-Back: $x billion Treasury look-back recommendation] 3. Claiming Restoration of Settlement Base: $x billion Investment Pledge Look-Back: $x billion 4. $1.50 per pack Base: $[600-700] billion [$2.00] / Look-Back: $x billion

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