New From CBO

H.J. Res. 25, a joint resolution providing for Congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales”
Legislation Enacted in the Second Session of the 118th Congress That Affects Mandatory Spending or Revenues

H.J. Res. 25, a joint resolution providing for Congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales”

As reported by the House Committee on Ways and Means on February 28, 2025

• Email to a friend •

Legislation Enacted in the Second Session of the 118th Congress That Affects Mandatory Spending or Revenues

CBO estimates that the effects on mandatory spending and revenues of laws enacted in the second session of the 118th Congress will increase outlays and decrease revenues from 2024 to 2034, which will increase the deficit by $237 billion.

• Email to a friend •