CBO estimates that enacting this legislation would result in a net increase in the deficit totaling $367 billion over the 2022-2031 period, not counting any additional revenue that may be generated by additional funding for tax enforcement.
MAJOR RECURRING REPORTSView All
- Estimated Revenue Effects of Increased Funding for the Internal Revenue Service in H.R. 5376, the Build Back Better Act
- CBO’s Projections of Federal Receipts and Expenditures in the National Income and Product Accounts: 2022 to 2031
- Answer to a Question for the Record Following a Hearing on CBO’s Efforts to Enhance Its Transparency, Effectiveness, and Efficiency
CBO is strictly nonpartisan; conducts objective, impartial analysis; and hires its employees solely on the basis of professional competence without regard to political affiliation. CBO does not make policy recommendations, and each report and cost estimate summarizes the methodology underlying the analysis.Read more about us