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|Full Text of CBO Cost Estimate of H.R. 4520, American Jobs Creation Act of 2004 (PDF)|
Congressional Budget Office [CBO]
Oct. 27, 2004
11 pages. Excerpt: The [CBO] and the Joint Committee on Taxation (JCT) estimate that this legislation will decrease federal revenues by about $4.9 billion in 2005, $10.1 billion over the 2005-2009 period, and $6.8 billion over the 2005-2014 period. CBO estimates that H.R. 4520 will increase outlays resulting from direct spending by $764 million in 2005, but will decrease direct spending by about $1.4 billion over the 2005-2009 period and $6.8 billion over the 2005-2014 period.
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