How Changes in Funding for the IRS Affect Revenues

Congressional Budget Office

No 59972, Reports from Congressional Budget Office

Abstract: CBO describes how funding for the IRS affects CBO’s baseline projections of revenues and how CBO estimates the revenue effects of rescissions of such funding. In addition, the agency estimates the budgetary effects of three illustrative options that would rescind varying amounts of the IRS’s mandatory funding. In CBO’s assessment, rescissions of the IRS’s mandatory funding would increase the cumulative deficit over the 2024–2034 period because revenues would be reduced by more than the decrease in spending.

JEL-codes: H20 (search for similar items in EconPapers)
Date: 2024-02-28
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cbo.gov/system/files/2024-02/59972-IRS-Rescissions.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:report:59972

Access Statistics for this paper

More papers in Reports from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by (communications@cbo.gov).