CBO Cost Estimate for H.R. 88: The Retirement, Savings, and Other Tax Relief Act of 2018, and the Taxpayer First Act of 2018

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CBO Cost Estimate for H.R. 88: The Retirement, Savings, and Other Tax Relief Act of 2018, and the Taxpayer First Act of 2018
Congressional Budget Office [CBO]

Dec. 10, 2018

"CBO and JCT estimate that enacting H.R. 88 would increase on-budget deficits by more than $5 billion in at least one of the four 10-year periods beginning in 2029. CBO and JCT estimate that enacting the legislation would not increase net direct spending by more than $5 billion in any of the four consecutive 10-year periods beginning in 2029."

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