CBO Scored Inflation Reduction Act: 10 Year Deficit Reduction of $101.5 bn

As released by CBO today, decreased spending $131.5 bn, increased revenues $87.0 bn (not including expected revenues from enhanced IRS at $203.7 bn.

Penn Wharton Model evaluates macro effects here. Moody’s Analytics (Zandi) here.

 

This entry was posted on by Menzie Chinn.

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