Legislation Enacted in the First Session of the 116th Congress That Affects Mandatory Spending or Revenues

United States Capitol Building in Washington, DC

CBO estimates the laws that were enacted in 2019 will add about $406 billion to the cumulative deficit from 2019 through 2029—the net result of a $422 billion reduction in revenues and a $16 billion reduction in outlays.

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Data and Supplemental Information

Corrections and Updates

CBO has corrected this report since its original publication. Corrections are listed at the end of the report.