The Consolidated Appropriations Act, 2016: Effects on Budgetary Trends (CRS Report for Congress)
| Release Date |
Jan. 11, 2016 |
| Report Number |
IN10419 |
| Report Type |
Insight |
| Authors |
Driessen, Grant A. |
| Source Agency |
Congressional Research Service |
Summary:
Two measures included in the Consolidated Appropriations Act, 2016 (P.L. 114-113) altered the federal budget outlook.Divisions A through L of the Consolidated Appropriations Act, 2016 consist of FY2016 omnibus appropriationsmeasures that allocate discretionary budget authority to government agencies. Division Q of the ConsolidatedAppropriations Act, 2016 contains the Protecting Americans from Tax Hikes (PATH) Act of 2015, which extends anumber of tax provisions that expired in 2014, and makes some of those provisions permanent. This insight discussesthe effects of these amendments on recent budgetary trends, using the CBO [Congressional Budget Office] and JCT [Joint Committee on Taxation] cost estimates for the legislation,the CBO budget forecast released in August 2015, and OMB [Office of Management and Budget] historical data.
