CBO gives us the net budgetary effects of the bill over the 11-year period 2010-2020:
* $40 B net tax increase;
* $174 B spending increase;
* $134 B deficit increase.
Tuesday, May 25, 2010
Congress digs deeper into debt
Keith Hennesey has renamed The American Jobs and Closing Tax Loopholes Act of 2010 to The Hypocrisy Act of 2010:
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