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- Working Paper
The federal government provides grants to state and local governments for their transportation infrastructure. State and local governments use some of those funds to replace funds that they would have provided for such investment.
- Working Paper
This paper examines various factors that affect estimates made by CBO and the staff of the Joint Committee on Taxation of the budgetary savings from tax compliance proposals.
- Working Paper
This paper reviews CBO’s estimates of the effects of changes in federal deficits on national saving and private domestic investment.