Tax-Cut Legislation: Applicable Budget Enforcement Procedures (CRS Report for Congress)
Premium Purchase PDF for $24.95 (12 pages)
add to cart or
subscribe for unlimited access
Pro Premium subscribers have free access to our full library of CRS reports.
Subscribe today, or
request a demo to learn more.
| Release Date |
Dec. 31, 1998 |
| Report Number |
RL30009 |
| Report Type |
Report |
| Authors |
Robert Keith, Government Division |
| Source Agency |
Congressional Research Service |
Summary:
Consideration of tax-cut legislation is subject to two different sets of budget enforcement procedures. First, under the Congressional Budget Act of 1974, the House and Senate are required to adopt an annual budget resolution, which is enforced by points of order when individual spending and revenue measures are considered. Second, under the Balanced Budget and Emergency Deficit Control Act of 1985, tax-cut legislation, as well as any other legislation affecting revenues or direct spending, is subject to a pay-as-you-go requirement tied to the sequestration process. This report assesses the application of these enforcement procedures to tax-cut legislation.
