CBO on the “Fiscal Cliff” Deal

CBO posted on their blog: ” natural substitute for cialis We’ve received a number of questions in the past few days about the budgetary and economic impact of the significant budget legislation just enacted by the Congress. Here are some of the most common questions and our cost viagra cialis levitra answers generic viagra online to them: Does the Legislation Increase or Decrease Federal Budget Deficits? That depends on what you compare the legislation with: Relative to what would have occurred under the laws previously in effect, this legislation will increase budget deficits in coming years. Like all of CBO’s cost estimates, our estimate for this legislation shows the effects of the legislation relative to current law at the time we did the estimate. Relative to the laws in place at the end of 2012, we estimate that this legislation will reduce revenues and increase spending by a total of nearly $4.0 trillion over the 2013-2022 period. (Also like all best herbal viagra of CBO’s cost estimates, this estimate’s numbers for the effect of changes in the tax code—which represented the bulk of the bill—were produced by the staff of the Joint Committee on Taxation. They published the details of their tax revenue estimates separately.)” Read their post: Click 5mg cialis Here: CBO Blog

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