Tax Credits
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Options for Reducing the Deficit, 2023 to 2032--Volume I: Larger Reductions
CBO issues a volume describing 17 policy options that would each reduce the federal budget deficit by more than $300 billion over the next 10 years or, in the case of Social Security options, have a comparably large effect in later decades.
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Options for Reducing the Deficit, 2023 to 2032--Volume II: Smaller Reductions
CBO issues a volume that contains short descriptions of 59 policy options that would each reduce the federal budget deficit by less than $300 billion over the next 10 years.
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Policy Approaches to Reduce What Commercial Insurers Pay for Hospitals’ and Physicians’ Services
CBO identified policy approaches that federal lawmakers could adopt to reduce the prices that commercial insurers pay for hospitals’ and physicians’ services, thereby lowering health insurance premiums and the cost of federal subsidies.
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Options for Reducing the Deficit: 2021 to 2030
CBO periodically issues a compendium of policy options and their effects on the federal budget. This document provides estimates of the budgetary savings from 83 options that would decrease federal spending or increase federal revenues.
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The Effects of Pandemic-Related Legislation on Output
By providing financial support to households, businesses, and state and local governments, federal laws enacted in response to the 2020 coronavirus pandemic will offset part of the deterioration in economic conditions brought about by the pandemic.
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The Effects on Employment and Family Income of Increasing the Federal Minimum Wage
The federal minimum wage is $7.25 per hour for most workers. In this report, CBO examines how increasing the federal minimum wage to $10, $12, or $15 per hour by 2025 would affect employment and family income.
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Options for Reducing the Deficit: 2019 to 2028
CBO periodically issues a volume of options—this year’s installment presents 121—that would decrease federal spending or increase federal revenues. CBO’s website allows users to filter options by topic, date, and other categories.
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Federal Housing Assistance for Low-Income Households
CBO describes federal housing assistance to low-income households and how it has changed since 2000, provides information about the households that receive assistance, and assesses options for altering that assistance.
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Federal Policies and Innovation
The federal government influences innovation through two broad channels: spending and tax policies, and the legal and regulatory systems. Policymakers have a number of options for spurring additional innovation.
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The Effects of a Minimum-Wage Increase on Employment and Family Income
Raising the minimum wage would increase family income for many low-wage workers, moving some of them out of poverty. But some jobs for low-wage workers would probably be eliminated and the income of those workers would fall substantially.
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Effects of Federal Tax Credits for the Purchase of Electric Vehicles
CBO's report assesses how the credits affect the relative cost of owning an electric vehicle, and how cost-effectively the credits reduce gasoline consumption and greenhouse gas emissions.