{ "inputs": { "deficit_fy26": { "value": 1992.473, "source": "MTS", "note": "Table 3 'Surplus or Deficit', FYTD" }, "deficit_fy25": { "value": 1775.369, "source": "MTS", "note": "Table 3 prior-period FYTD" }, "receipts_fy26": { "value": 5403.327, "source": "MTS", "note": "Table 3 Total Receipts" }, "receipts_fy25": { "value": 5234.616, "source": "MTS", "note": "Table 3" }, "outlays_fy26": { "value": 7395.8, "source": "MTS", "note": "Table 3 Total Outlays" }, "outlays_fy25": { "value": 7009.986, "source": "MTS", "note": "Table 3" }, "individual_fy26": { "value": 2845.527, "source": "MTS", "note": "Table 3" }, "individual_fy25": { "value": 2656.044, "source": "MTS", "note": "Table 3" }, "corp_net_fy26": { "value": 381.415, "source": "MTS", "note": "Table 3/9" }, "corp_net_fy25": { "value": 452.089, "source": "MTS", "note": "Table 3/9" }, "corp_gross_fy26": { "value": 442.9, "source": "MTS", "note": "Table 4 Corporation Income Taxes, gross" }, "corp_gross_fy25": { "value": 486.363, "source": "MTS", "note": "Table 4" }, "corp_refunds_fy26": { "value": 61.485, "source": "MTS", "note": "Table 4 refunds" }, "corp_refunds_fy25": { "value": 34.273, "source": "MTS", "note": "Table 4 refunds" }, "social_ins_fy26": { "value": 1811.7939999999999, "source": "MTS", "note": "Table 3: employment + UI + other retirement" }, "social_ins_fy25": { "value": 1748.295, "source": "MTS", "note": "Table 3" }, "excise_fy26": { "value": 105.995, "source": "MTS", "note": "Table 3" }, "excise_fy25": { "value": 105.936, "source": "MTS", "note": "Table 3" }, "estate_gift_fy26": { "value": 38.72, "source": "MTS", "note": "Table 3" }, "estate_gift_fy25": { "value": 29.462, "source": "MTS", "note": "Table 3" }, "misc_fy26": { "value": 46.657, "source": "MTS", "note": "Table 3" }, "misc_fy25": { "value": 47.925, "source": "MTS", "note": "Table 3" }, "customs_net_fy26": { "value": 173.219, "source": "MTS", "note": "Table 3 net customs duties; revenue line inside the residual" }, "customs_net_fy25": { "value": 194.866, "source": "MTS", "note": "Table 3" }, "outlays_by_function": { "value": { "National Defense": [ 965.16, 916.649 ], "International Affairs": [ 48.015, 45.17 ], "Science/Space/Technology": [ 39.877, 42.084 ], "Energy": [ 20.971, 20.892 ], "Natural Resources & Environment": [ 57.098, 88.312 ], "Agriculture": [ 52.566, 49.358 ], "Commerce & Housing Credit": [ -15.465, -28.626 ], "Transportation": [ 142.864, 145.804 ], "Community & Regional Development": [ 62.43, 84.53 ], "Education/Training/Social Services": [ 107.551, 71.014 ], "Health (incl. Medicaid)": [ 1025.587, 978.878 ], "Medicare": [ 1072.626, 996.719 ], "Income Security": [ 694.224, 701.584 ], "Social Security": [ 1667.097, 1580.686 ], "Veterans Benefits": [ 416.204, 377.162 ], "Administration of Justice": [ 109.915, 85.182 ], "General Government": [ 32.343, 34.454 ], "Net Interest (Treasury function)": [ 1051.754, 970.359 ], "Undistributed Offsetting Receipts": [ -155.019, -150.225 ] }, "source": "MTS", "note": "Table 9 Net Outlays, (FY26, FY25)" }, "net_interest_cbo_def_fy26": { "value": 1142.282, "source": "MTS", "note": "Table 3: gross interest 1,359.953 less undistributed interest 217.671; matches CBO MBR Table 3 ($1,143B)" }, "net_interest_cbo_def_fy25": { "value": 1028.067, "source": "MTS", "note": "Table 3; matches CBO MBR Table 3 ($1,028B)" }, "cbo_mbr_deficit_change": { "value": 218, "source": "MBR", "note": "Summary; Table 1 (rounded)" }, "cbo_corp_change": { "value": -70, "source": "MBR", "note": "Table 2: -$70B (-16%); text attributes to 2025 reconciliation act's larger investment deductions" }, "cbo_sept_timing": { "value": "Sept 1 2025 holiday shifted payments into Aug 2025 (within FY2025); Sept 2025 surplus $198B -> $110B adjusted", "source": "MBR", "note": "p.5, Table 4 note a" }, "cbo_education_sept25_student_loan": { "value": -131.0, "source": "MBR", "note": "p.5: Sept 2025 recorded a $131B reduction in Education outlays from OBBBA student-loan program modifications" }, "base_corp_fy26": { "value": 404.0, "source": "BASE", "note": "Table 1-1" }, "obbba_score": { "value": { "outlays": { "2025": -152.014, "2026": 26.338 }, "revenues": { "2025": -130.904, "2026": -460.501 }, "deficit": { "2025": -21.11, "2026": 486.839 } }, "source": "SCORE", "note": "Summary Table 'Total Changes'; deficit = outlays - revenues" }, "obbba_debt_service": { "value": { "2025": 0.398, "2026": 14.143 }, "source": "DEBTSVC", "note": "Table 1 'Changes From Debt Service'" }, "jct_current_policy_title7_revenue": { "value": { "2025": -124.612, "2026": -255.056 }, "source": "JCX34", "note": "Total line; Title VII revenue provisions only" }, "nonTitleVII_revenue": { "value": { "2025": -0.0010000000000047748, "2026": 1.0680000000000405 }, "source": "SCORE", "note": "Summary Table: total revenues minus Title VII revenues" }, "business_provisions": { "value": { "70301 Full expensing, business property": [ -33.5, -65.1 ], "70302 Domestic R&E expensing": [ -53.8, -33.6 ], "70303 Business interest limit (EBITDA)": [ -8.3, -6.5 ], "70306 Sec. 179 limits": [ -2.3, -4.3 ], "70307 Qualified production property": [ -2.2, -30.3 ], "70308 Adv. manufacturing credit": [ 0.0, -1.7 ], "70304 Paid leave credit": [ 0.0, -0.1 ], "International provisions (70311-70313, 70321-23, 70331, 70341-42, 70351-54), net": [ 0.0, -10.1 ] }, "source": "SCORE", "note": "Title VII sheet, JCT revenue rows by section (rounded to $0.1B). Covers ALL taxpayers (corporate + pass-through); JCT does not publish a corporate-only split here." }, "cbo_obbba_corp_effect_fy26": { "value": 98.0, "source": "OUTLOOK26", "note": "Outlook 2026-2036 (Feb 2026), 'Corporate Income Taxes' paragraph under legislative changes; p.106 of PDF. Level effect vs Jan-2025 law" }, "cbo_obbba_individual_effect_fy26": { "value": 361.0, "source": "OUTLOOK26", "note": "same page; includes pass-through business income" }, "jan25_baseline_corp_fy25": { "value": 523.7, "source": "JAN25", "note": "Table B-1" }, "jan25_baseline_corp_fy26": { "value": 495.1, "source": "JAN25", "note": "Table B-1" }, "bea_profits_econ_basis": { "value": { "2023Q4": 3885.951, "2024Q1": 3970.797, "2024Q2": 4071.805, "2024Q3": 4035.126, "2024Q4": 4296.969, "2025Q1": 3966.993, "2025Q2": 3997.597, "2025Q3": 4240.461, "2025Q4": 4464.427, "2026Q1": 4673.22, "2026Q2": 5111.956 }, "source": "FRED", "note": "Corporate profits with IVA & CCAdj, $B SAAR" }, "bea_profits_tax_basis": { "value": { "2023Q4": 3471.403, "2024Q1": 3543.767, "2024Q2": 3632.837, "2024Q3": 3642.877, "2024Q4": 3808.821, "2025Q1": 3478.754, "2025Q2": 3523.971, "2025Q3": 3736.828, "2025Q4": 3880.594, "2026Q1": 4154.402, "2026Q2": 4565.549 }, "source": "FRED", "note": "Corporate profits before tax without IVA/CCAdj, $B SAAR" }, "gdp_quarterly": { "value": { "2025Q4": 31462.523, "2026Q1": 31906.274, "2026Q2": 32563.03 }, "source": "FRED", "note": "Nominal GDP, $B SAAR" }, "gdp_2026q3_assumed_qoq_growth": { "value": 0.016, "source": "ASSUMPTION", "note": "UNVERIFIED. BEA advance Q3 GDP is scheduled Oct 29, 2026 (not yet published). +1.6% q/q nominal = Atlanta Fed GDPNow real 3.7% SAAR (Oct 6, via Trading Economics) plus an ASSUMED ~3% deflator. Sensitivity in results." }, "prov_cbo_sec70101": { "value": [ 0, -147.679, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70101 Extension and Enhancement of Reduced Rates: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70102": { "value": [ -7.544, -90.405, 0, 1.719 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70102 Extension and Enhancement of Increased Standard Deduction: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70103": { "value": [ -9.264, 111.036, 0, 0.411 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70103 Termination of Deduction for Personal Exemptions Other Than Temporary Senior Deduction: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70104": { "value": [ 0, -48.769, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70104 Extension and Enhancement of Increased Child Tax Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70108": { "value": [ 0, 1.639, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70108 Extension and Modification of Limitation on Deduction for Qualified Residence Interest: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70109": { "value": [ 0, 0.086, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70109 Extension and Modification of Limitation on Casualty Loss Deduction: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70115": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70115 Extension and Enhancement of Increased Limitation on Contributions to ABLE Accounts: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70116": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70116 Extension and Enhancement of Savers Credit Allowed for ABLE Contributions: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70117": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70117 Extension of Rollovers from Qualified Tuition Programs to ABLE Accounts Permitted: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70120": { "value": [ -5.07, 31.805, 0, 0.188 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70120 Limitation on Individual Deductions for Certain State and Local Taxes: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70204": { "value": [ 0, 0.132, 0.731, 6.628 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70204 Trump Accounts and Contribution Pilot Program: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70402": { "value": [ -0.004, -0.009, 0.185, 0.41 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70402 Enhancement of Adoption Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70403": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70403 Recognizing Indian Tribal Governments (adoption credit): [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70404": { "value": [ 0, -0.365, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70404 Enhancement of the Dependent Care Assistance Program: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70405": { "value": [ 0, -0.409, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70405 Enhancement of Child and Dependent Care Tax Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70421": { "value": [ 0, 0, 0, 0.01 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70421 Permanent Renewal and Enhancement of Opportunity Zones: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70427": { "value": [ 0, 0, 0, 0.251 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70427 Permanent Increase in Limitation on Cover Over of Tax on Distilled Spirits: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70439": { "value": [ 0, -0.08, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70439 Restoration of Taxable REIT Subsidiary Asset Test: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70501": { "value": [ 0, 0.15, 0, 0.043 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70501 Termination of Previously-Owned Clean Vehicle Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70502": { "value": [ 0, 0.107, 0, -0.966 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70502 Termination of Clean Vehicle Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70511": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70511 Termination of Clean Hydrogen Production Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70512": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70512 Termination and Restrictions on Clean Electricity Production Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70513": { "value": [ 0, 0.281, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70513 Termination and Restrictions on Clean Electricity Investment Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70514": { "value": [ -0.027, 1.731, -0.027, -0.095 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70514 Phase-Out and Restrictions on Advanced Manufacturing Production Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70531": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70531 Modifications to De Minimis Entry Privilege for Commercial Shipments: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70605": { "value": [ 0.185, 0.752, -0.061, -0.251 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70605 Enforcement Provisions With Respect to COVID-Related Employee Retention Credits: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70606": { "value": [ 0, 0.015, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70606 Social Security Number Requirement for American Opportunity and Lifetime Learning Credits: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70607": { "value": [ 0, 0, 0, 0.008 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70607 Task Force on the Replacement of Direct File: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71101": { "value": [ 0, 0, 0, -1.668 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71101 Moratorium: Medicare Savings Programs eligibility rule: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71102": { "value": [ 0, -0.162, 0, -4.02 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71102 Moratorium: eligibility and enrollment rule (Medicaid, CHIP, BHP): [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71103": { "value": [ 0, 0, 0, 0.001 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71103 Reducing Duplicate Enrollment (Medicaid, CHIP): [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71104": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71104 Ensuring Deceased Individuals Do Not Remain Enrolled: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71105": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71105 Ensuring Deceased Providers Do Not Remain Enrolled: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71106": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71106 Payment Reduction for Erroneous Excess Payments: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71107": { "value": [ 0, 0, 0, 0.004 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71107 Eligibility Redeterminations: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71108": { "value": [ 0, 0, -0.001, -0.005 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71108 Home Equity Limit for Long-Term Care Eligibility: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71109": { "value": [ 0, 0, 0, -0.372 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71109 Alien Medicaid Eligibility: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71110": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71110 Expansion FMAP for Emergency Medicaid: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71111": { "value": [ 0, 0, 0, -0.287 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71111 Moratorium: Long-Term Care Staffing Standards Rule: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71112": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71112 Reducing State Medicaid Costs: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71113": { "value": [ 0, 0, -0.044, -0.031 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71113 Federal Payments to Prohibited Entities: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71114": { "value": [ 0, -0.059, 0, -0.953 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71114 Sunsetting Increased FMAP Incentive: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71115": { "value": [ 0, -0.188, 0, -2.786 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71115 Provider Taxes: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71116": { "value": [ 0, 0, 0, -5.457 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71116 State Directed Payments: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71117": { "value": [ 0, -0.061, 0, -3.158 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71117 Waiver of Uniform Tax Requirement for Medicaid Provider Taxes: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71118": { "value": [ 0, 0, 0, 0.002 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71118 Budget Neutrality for Medicaid Demonstration Projects: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71119": { "value": [ 0, 0, 0, 0.18 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71119 Medicaid Community Engagement Requirements: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71120": { "value": [ 0, 0, 0, 0.001 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71120 Cost Sharing for Expansion Individuals: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71121": { "value": [ 0, 0, 0, 0.002 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71121 Adjustments to Home or Community-Based Services Coverage: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71201": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71201 Limiting Medicare Coverage of Certain Individuals: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71202": { "value": [ 0, 0, 0, 1.221 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71202 Temporary Payment Increase Under the Medicare Physician Fee Schedule: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71203": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71203 Orphan Drugs Exclusion Under Drug Price Negotiation: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71301": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71301 Permitting Premium Tax Credit Only for Certain Individuals: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71302": { "value": [ 0, 0.011, 0, -3.307 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71302 Disallowing Premium Tax Credit During Periods of Medicaid Ineligibility (alien status): [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71303": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71303 Requiring Verification of Eligibility for Premium Tax Credit: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71304": { "value": [ 0, 0.052, 0, -1.587 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71304 Disallowing Premium Tax Credit for Certain Special Enrollment Period Coverage: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71305": { "value": [ 0, -0.001, 0, 1.682 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71305 Eliminating Limitation on Recapture of Advance Premium Tax Credit (incl. interactions row): [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec71401": { "value": [ 0, 0, 0, 0.472 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 71401 Rural Health Transformation Program: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec73001": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 73001 Ending Unemployment Payments to Jobless Millionaires: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70105": { "value": [ -6.97, -44.331, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70105 Extension and Enhancement of Deduction for Qualified Business Income: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70106": { "value": [ -0.05, -3.672, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70106 Extension and Enhancement of Increased Estate and Gift Tax Exemption Amounts: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70107": { "value": [ 0, -76.835, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title 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"prov_cbo_sec70425": { "value": [ 0, 1.346, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70425 0.5-Percent Floor on Individual Charitable Deductions: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70426": { "value": [ 0, 1.276, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70426 1-Percent Floor on Corporate Charitable Deductions: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70428": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70428 Nonprofit Community Development in Remote Native Villages: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70429": { "value": [ 0, 0, 0, 0 ], "source": "SCORE", "note": "Table 7 (sheet 'Title VII'), Sec. 70429 Charitable Deduction for Alaskan Subsistence Whaling: [FY25 revenue, FY26 revenue, FY25 outlays, FY26 outlays] $B" }, "prov_cbo_sec70430": { "value": [ 0, -0.638, 0, 0 ], 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"note": "PDF p.2, Ch.2 item 4: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c2_total": { "value": [ -2.663, -54.773 ], "source": "JCX34", "note": "PDF p.2, Total of Chapter 2: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_1_bonus": { "value": [ -33.505, -54.214 ], "source": "JCX34", "note": "PDF p.2, Ch.3 Subch.A item 1: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_2_rnd": { "value": [ -53.793, -33.585 ], "source": "JCX34", "note": "PDF p.2, Ch.3 Subch.A item 2: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_3_163j": { "value": [ -8.268, -6.519 ], "source": "JCX34", "note": "PDF p.2, Ch.3 Subch.A item 3: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_4_leave": { "value": [ 0.0, -0.102 ], "source": "JCX34", "note": "PDF p.2, Ch.3 Subch.A item 4: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_5_meals": { "value": [ 0.0, 2.424 ], "source": "JCX34", "note": "PDF p.2, Ch.3 Subch.A item 5: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_6_179": { "value": [ -2.301, -4.292 ], "source": "JCX34", "note": "PDF p.2, Ch.3 Subch.A item 6: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_7_qpp": { "value": [ -2.167, -30.28 ], "source": "JCX34", "note": "PDF p.3, Ch.3 Subch.A item 7: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_8_advmfg": { "value": [ 0.0, -1.728 ], "source": "JCX34", "note": "PDF p.3, Ch.3 Subch.A item 8: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3A_9_space": { "value": [ 0.0, -0.011 ], "source": "JCX34", "note": "PDF p.3, Ch.3 Subch.A item 9: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c3_total": { "value": [ -100.034, -129.384 ], "source": "JCX34", "note": "PDF p.3, Total of Chapter 3: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c4D_1_qsbs": { "value": [ 0.027, 0.056 ], "source": "JCX34", "note": "PDF p.5, Ch.4 Subch.D item 1: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c4_total": { "value": [ -0.271, 0.893 ], "source": "JCX34", "note": "PDF p.5, Total of Chapter 4: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c5A_3_commcv": { "value": [ 0.0, 8.303 ], "source": "JCX34", "note": "PDF p.5, Ch.5 Subch.A item 3: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c5_total": { "value": [ -0.343, 9.619 ], "source": "JCX34", "note": "PDF p.6, Total of Chapter 5: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_c6_total": { "value": [ 0.584, 3.742 ], "source": "JCX34", "note": "PDF p.7, Total of Chapter 6: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_healthtax_total": { "value": [ -0.007, 4.504 ], "source": "JCX34", "note": "PDF p.7, Subtitle B, Chapter 3 (Health Tax) total: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_jcx34_net_total": { "value": [ -124.612, -255.056 ], "source": "JCX34", "note": "PDF p.8, NET TOTAL: [FY2025, FY2026] $B, net budget effect (revenue less outlay effects)" }, "prov_cbo_t1_nutrition": { "value": [ 0.0, -7.961 ], "source": "SCORE", "note": "Table 1 (Title I), Subtotal, Subtitle A. Nutrition: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t1_other": { "value": [ 0.3, 0.06 ], "source": "SCORE", "note": "Table 1 (Title I), total changes (FY25 0.300, FY26 -7.901) less Subtitle A: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t2_defense": { "value": [ 2.02, 41.864 ], "source": "SCORE", "note": "Table 2 (Title II), Total Changes in Direct Spending: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t3_banking": { "value": [ -0.015, 0.07 ], "source": "SCORE", "note": "Summary Table, Title III net effect on the deficit: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t4_commerce": { "value": [ -0.064, 2.845 ], "source": "SCORE", "note": "Summary Table, Title IV net effect on the deficit: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t5_energy": { "value": [ -0.156, -0.178 ], "source": "SCORE", "note": "Table 5 (Title V), Total Changes in Direct Spending: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t6_epw": { "value": [ -0.857, -0.936 ], "source": "SCORE", "note": "Table 6 (Title VI), Total Changes in Direct Spending: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t8_loanlimits": { "value": [ 0.0, -0.96 ], "source": "SCORE", "note": "Table 8 (Title VIII), Subtotal, Subtitle B. Loan Limits: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t8_loanrepay": { "value": [ -149.99, -12.09 ], "source": "SCORE", "note": "Table 8 (Title VIII), Subtotal, Subtitle C. Loan Repayment: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t8_pell": { "value": [ 0.0, 2.73 ], "source": "SCORE", "note": "Table 8 (Title VIII), Subtotal, Subtitle D. Pell Grants: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t8_other": { "value": [ -4.039, -0.264 ], "source": "SCORE", "note": "Table 8 (Title VIII), Total Changes in Direct Spending less Subtitles B, C and D (Subtitles A, E, F, G, H and Total Interactions): [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t9_dhs": { "value": [ 0.005, 9.511 ], "source": "SCORE", "note": "Table 9 (Title IX), Total Changes in Direct Spending: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_t10_judiciary": { "value": [ 0.0, 2.289 ], "source": "SCORE", "note": "Table 10 (Title X), outlays $3.579B less Subtitle A revenues $1.290B: [FY2025, FY2026] deficit effect $B" }, "prov_cbo_interactions": { "value": [ 0.0, 0.0 ], "source": "SCORE", "note": "Summary Table, Interactions Among Titles (outlays and revenues both 0.0 in FY2026): [FY2025, FY2026] deficit effect $B" }, "prov_cbo_title7_net": { "value": [ 131.68599999999998, 449.85900000000004 ], "source": "SCORE", "note": "Table 7 (Title VII): Total Changes in Direct Spending (FY25 0.783, FY26 -11.710) minus Total Changes in Revenues (FY25 -130.903, FY26 -461.569): [FY2025, FY2026] $B" } }, "results": { "deficit_change_treasury": 217.10400000000004, "deficit_change_pct": 0.12228669082314722, "receipts_change": 168.71100000000024, "outlays_change": 385.8140000000003, "gdp_fy26_est": 32253.966370000002, "deficit_pct_gdp": 0.0617745109901657, "cbo_implied_gdp": 32136.66129032258, "gdp_sensitivity": { "Q3 q/q 1.1%": { "fy26_gdp": 32213.2625825, "deficit_pct_gdp": 0.06185256755341571 }, "Q3 q/q 1.6%": { "fy26_gdp": 32253.966370000002, "deficit_pct_gdp": 0.0617745109901657 }, "Q3 q/q 2.1%": { "fy26_gdp": 32294.6701575, "deficit_pct_gdp": 0.06169665118989534 } }, "cp_count_once_adjustment": { "tax_outlays_removed": { "2025": 0.828, "2026": 5.144 }, "medicaid_revenue_added": { "2025": 0, "2026": 0.47 }, "uncorrected_level_fy26": 280.32599999999996, "uncorrected_yoy": 307.727 }, "q1": { "level_present_law": { "outlays": 26.338, "revenue_loss": 460.501, "deficit": 486.839, "pct_of_increase_treasury": 2.2424229862185863, "pct_of_increase_cbo218": 2.2332064220183487, "pct_of_fy26_deficit": 0.2443390700902848 }, "level_current_policy": { "outlays": 21.194000000000003, "revenue_loss": 254.45799999999997, "deficit": 275.652, "pct_of_increase_treasury": 1.2696772053946492, "pct_of_increase_cbo218": 1.2644587155963303, "pct_of_fy26_deficit": 0.13834666768382808 }, "yoy_present_law": { "outlays": 178.352, "revenue_loss": 329.597, "deficit": 507.949, "pct_of_increase_treasury": 2.3396574913405552, "pct_of_increase_cbo218": 2.33004128440367, "pct_of_fy26_deficit": 0.2549339438978596 }, "yoy_current_policy": { "outlays": 174.036, "revenue_loss": 129.84499999999997, "deficit": 303.881, "pct_of_increase_treasury": 1.3997024467536292, "pct_of_increase_cbo218": 1.3939495412844036, "pct_of_fy26_deficit": 0.15251448827662908 }, "debt_service_fy26": 14.143, "debt_service_yoy": 13.745000000000001, "one_time_student_loan_entry": -131.0, "student_loan_share_of_outlay_swing": 0.7527178284952538, "yoy_current_policy_ex_one_time": 172.88099999999997, "yoy_current_policy_ex_one_time_pct": 0.7963049966836168, "yoy_outlays_ex_one_time": 43.036, "level_pct_of_fy26_deficit": 0.2443390700902848 }, "q3": { "actual_decline_pct": -0.15632762575510573, "actual_decline": -70.67399999999998, "business_provisions_delta_all_taxpayers": -51.6, "business_provisions_fy25": -100.1, "business_provisions_fy26": -151.7, "corp_share_implied": 0.6460118655240606, "jan25_expected_change": -28.600000000000023, "jan25_path_receipts": 427.39977830819174, "baseline_implied_decline": 48.089, "actual_vs_baseline": -22.58499999999998, "cf": { "A: add back full 16% loss": { "receipts": 452.089, "revenue_diff": 70.67399999999998, "deficit_effect": -70.67399999999998, "deficit_cf": 1921.799, "pct_of_actual_decline": 1.0 }, "B low (CY2025 vs CY2024, econ basis)": { "receipts": 460.22760845846483, "revenue_diff": 78.81260845846481, "deficit_effect": -78.81260845846481, "deficit_cf": 1913.660391541535, "pct_of_actual_decline": 1.1151570373611912 }, "C1 score delta x CBO-implied corp share (65%)": { "receipts": 414.7492122610415, "revenue_diff": 33.3342122610415, "deficit_effect": -33.3342122610415, "deficit_cf": 1959.1387877389584, "pct_of_actual_decline": 0.4716616048481975 }, "C2 CBO Feb-2026 baseline-implied": { "receipts": 429.504, "revenue_diff": 48.089, "deficit_effect": -48.089, "deficit_cf": 1944.384, "pct_of_actual_decline": 0.6804341058946715 }, "C3 CBO Jan-2025 (pre-OBBBA) path on FY25 actual": { "receipts": 427.39977830819174, "revenue_diff": 45.98477830819172, "deficit_effect": -45.98477830819172, "deficit_cf": 1946.4882216918081, "pct_of_actual_decline": 0.6506604735573441 }, "C4 CBO-reported FY26 OBBBA corporate effect (level)": { "receipts": 479.415, "revenue_diff": 98.0, "deficit_effect": -98.0, "deficit_cf": 1894.473, "pct_of_actual_decline": 1.3866485553385974 } }, "profit_growth": { "low (CY2025 vs CY2024, econ basis)": 0.018002226239667074 }, "profit_growth_tax_basis": { "CY2025 vs CY2024": -0.0005574809707920014 }, "gross_receipts_change": -43.46300000000002, "refunds_change": 27.211999999999996 }, "q4": { "denominator": 217.10400000000004, "obbba_total": 303.881, "obbba_pct": 1.3997024467536292, "obbba_outlays": 174.036, "obbba_revenue_loss": 129.84499999999997, "observed_corp_drop": 70.67399999999998, "observed_corp_pct": 0.32553062126906906, "residual_total": -86.77699999999993, "residual_pct": -0.3997024467536292, "net_interest": 114.21499999999992, "other_outlays_plug": 97.56300000000039, "other_revenue_incl_customs_plug": -298.5560000000002, "residual_check": -0.0009999999999763531, "bridge_sum": 1992.4720000000004, "bridge_target": 1992.473, "bridge_check": -0.0009999999995216058, "obbba_debt_service_in_interest": 13.745000000000001, "obbba_present_law": 507.949, "outlay_lines_change": { "National Defense": 48.51099999999997, "International Affairs": 2.844999999999999, "Science/Space/Technology": -2.2070000000000007, "Energy": 0.07900000000000063, "Natural Resources & Environment": -31.214, "Agriculture": 3.2080000000000055, "Commerce & Housing Credit": 13.161000000000001, "Transportation": -2.9399999999999977, "Community & Regional Development": -22.1, "Education/Training/Social Services": 36.537000000000006, "Health (incl. Medicaid)": 46.708999999999946, "Medicare": 75.90699999999993, "Income Security": -7.3599999999999, "Social Security": 86.41100000000006, "Veterans Benefits": 39.04200000000003, "Administration of Justice": 24.733000000000004, "General Government": -2.110999999999997, "Net Interest (Treasury function)": 81.39499999999987, "Undistributed Offsetting Receipts": -4.794000000000011 }, "revenue_lines_deficit_effect": { "Individual income taxes": -189.48300000000017, "Social insurance (payroll)": -63.498999999999796, "Corporate income taxes": 70.67399999999998, "Net customs duties": 21.64700000000002, "Excise": -0.0589999999999975, "Estate & gift": -9.258, "Miscellaneous": 1.2680000000000007 } }, "q5": { "gdp": 32253.966370000002, "actual": 1992.473, "actual_pct": 0.0617745109901657, "cases": { "Low removal (current-policy baseline; TCJA-type provisions treated as continuing)": { "effect_removed": 275.652, "deficit": 1716.821, "pct_gdp": 0.05322821324687826, "pct_gdp_at_cbo_implied_gdp": 0.053422506603602656 }, "Base (CBO/JCT score vs Jan-2025 current-law baseline)": { "effect_removed": 486.839, "deficit": 1505.634, "pct_gdp": 0.046680584419546534, "pct_gdp_at_cbo_implied_gdp": 0.04685097765440235 }, "High removal (base + debt service)": { "effect_removed": 500.98199999999997, "deficit": 1491.491, "pct_gdp": 0.04624209571283186, "pct_gdp_at_cbo_implied_gdp": 0.04641088837841215 } }, "fy25_deficit_ex_obbba_current_law": 1796.4789999999998 }, "provisions": { "rows": [ { "label": "TCJA individual rate and bracket extension (Sec. 70101)", "cl": 147.679, "cp": 4.948, "src": "[3] Table 7, Sec. 70101; [5] p. 1, Ch.1 item 1", "kind": "tax", "short": "TCJA individual rate and bracket extension" }, { "label": "Standard deduction increase (Sec. 70102)", "cl": 92.124, "cp": 18.959, "src": "[3] Table 7, Sec. 70102; [5] p. 1, Ch.1 item 2", "kind": "tax", "short": "Standard deduction increase" }, { "label": "Personal exemption termination, including the temporary senior deduction (Sec. 70103)", "cl": -110.625, "cp": 23.05, "src": "[3] Table 7, Sec. 70103; [5] p. 1, Ch.1 item 3 (includes temporary senior deduction)", "kind": "tax", "short": "Personal exemption end, incl. senior deduction" }, { "label": "Child tax credit increase (Sec. 70104)", "cl": 48.769, "cp": 10.014, "src": "[3] Table 7, Sec. 70104; [5] p. 1, Ch.1 item 4", "kind": "tax", "short": "Child tax credit increase" }, { "label": "Qualified business income deduction (Sec. 70105)", "cl": 44.331, "cp": 0.388, "src": "[3] Table 7, Sec. 70105; [5] p. 1, Ch.1 item 5", "kind": "tax", "short": "Qualified business income deduction" }, { "label": "Alternative minimum tax relief (Sec. 70107)", "cl": 76.835, "cp": -0.742, "src": "[3] Table 7, Sec. 70107; [5] p. 1, Ch.1 item 7", "kind": "tax", "short": "Alternative minimum tax relief" }, { "label": "Termination of miscellaneous itemized deductions (Sec. 70110)", "cl": -13.419, "cp": 0.009, "src": "[3] Table 7, Sec. 70110; [5] p. 1, Ch.1 item 10", "kind": "tax", "short": "End of misc. itemized deductions" }, { "label": "Limit on tax benefit of itemized deductions (Sec. 70111)", "cl": 16.04, "cp": -1.402, "src": "[3] Table 7, Sec. 70111; [5] p. 1, Ch.1 item 11", "kind": "tax", "short": "Limit on tax benefit of itemized deductions" }, { "label": "SALT deduction cap increase (Sec. 70120)", "cl": -31.617, "cp": 34.177, "src": "[3] Table 7, Sec. 70120; [5] p. 2, Ch.1 item 20", "kind": "tax", "short": "SALT deduction cap increase" }, { "label": "Other Chapter 1 items (estate and gift tax, mortgage interest, casualty losses, ABLE, other)", "cl": 1.3450000000000273, "cp": 0.2560000000000002, "src": "[3] Table 7, Secs. 70106, 70108, 70109, 70112 to 70119; [5] p. 2, Total of Chapter 1 less listed items", "kind": "tax", "short": "Other Chapter 1 items" }, { "label": "No tax on tips (Sec. 70201)", "cl": 10.121, "cp": 10.121, "src": "[3] Table 7, Sec. 70201; [5] p. 2, Ch.2 item 1", "kind": "tax", "short": "No tax on tips" }, { "label": "No tax on overtime (Sec. 70202)", "cl": 32.806, "cp": 32.806, "src": "[3] Table 7, Sec. 70202; [5] p. 2, Ch.2 item 2", "kind": "tax", "short": "No tax on overtime" }, { "label": "Auto loan interest deduction (Sec. 70203)", "cl": 5.4, "cp": 5.4, "src": "[3] Table 7, Sec. 70203; [5] p. 2, Ch.2 item 3", "kind": "tax", "short": "Auto loan interest deduction" }, { "label": "Trump accounts and contribution pilot program (Sec. 70204)", "cl": 6.496, "cp": 6.446, "src": "[3] Table 7, Sec. 70204; [5] p. 2, Ch.2 item 4", "kind": "tax", "short": "Trump accounts and pilot program" }, { "label": "100% bonus depreciation, full expensing of business property (Sec. 70301)", "cl": 65.123, "cp": 54.214, "src": "[3] Table 7, Sec. 70301; [5] p. 2, Ch.3 Subch.A item 1", "kind": "tax", "short": "100% bonus depreciation (full expensing)" }, { "label": "Immediate domestic research and experimental expensing (Sec. 70302)", "cl": 33.585, "cp": 33.585, "src": "[3] Table 7, Sec. 70302; [5] p. 2, Ch.3 Subch.A item 2", "kind": "tax", "short": "Immediate domestic R&E expensing" }, { "label": "Business interest limit, section 163(j) (Sec. 70303)", "cl": 6.519, "cp": 6.519, "src": "[3] Table 7, Sec. 70303; [5] p. 2, Ch.3 Subch.A item 3", "kind": "tax", "short": "Business interest limit, section 163(j)" }, { "label": "Special depreciation for qualified production property (Sec. 70307)", "cl": 30.28, "cp": 30.28, "src": "[3] Table 7, Sec. 70307; [5] p. 3, Ch.3 Subch.A item 7", "kind": "tax", "short": "Qualified production property depreciation" }, { "label": "Other domestic business items (section 179 limits, advanced manufacturing credit, leave credit, meals, spaceports)", "cl": 6.175000000000011, "cp": 3.708999999999989, "src": "[3] Table 7, Secs. 70304 to 70306, 70308, 70309; [5] pp. 2-3, Ch.3 Subch.A items 4 to 6, 8, 9", "kind": "tax", "short": "Other domestic business items (Ch. 3, Subch. A)" }, { "label": "International tax provisions (Chapter 3 Subchapter B; includes the Part IV interest-limit coordination items)", "cl": 10.321, "cp": 1.0769999999999982, "src": "[3] Table 7, Secs. 70311 to 70354; [5] p. 3, Total of Chapter 3 less Subchapter A items", "kind": "tax", "short": "International tax provisions (Ch. 3, Subch. B)" }, { "label": "Qualified small business stock gain exclusion expansion (Sec. 70431)", "cl": -0.056, "cp": -0.056, "src": "[3] Table 7, Sec. 70431; [5] p. 5, Ch.4 Subch.D item 1", "kind": "tax", "short": "QSBS gain exclusion expansion" }, { "label": "Other Chapter 4 items (families, education, community development, small business, rural)", "cl": 4.321, "cp": -0.837, "src": "[3] Table 7, Secs. 70401 to 70439 less 70431; [5] p. 5, Total of Chapter 4 less QSBS", "kind": "tax", "short": "Other Chapter 4 items" }, { "label": "Termination of qualified commercial clean vehicles credit (Sec. 70503)", "cl": -8.303, "cp": -8.303, "src": "[3] Table 7, Sec. 70503; [5] p. 5, Ch.5 Subch.A item 3", "kind": "tax", "short": "Termination of commercial clean vehicles credit" }, { "label": "Other energy provisions (Chapter 5)", "cl": -1.3170000000000002, "cp": -1.315999999999999, "src": "[3] Table 7, Secs. 70501 to 70531 less 70503; [5] p. 6, Total of Chapter 5 less item 3", "kind": "tax", "short": "Other energy provisions (Chapter 5)" }, { "label": "Deduction and credit guardrails and other reforms (Chapter 6)", "cl": -3.7340000000000004, "cp": -3.742, "src": "[3] Table 7, Secs. 70601 to 70607; [5] p. 7, Total of Chapter 6", "kind": "tax", "short": "Guardrails and other reforms (Chapter 6)" }, { "label": "Health tax provisions (premium tax credit rules, HSA changes; Subtitle B, Chapter 3)", "cl": -3.0500000000000003, "cp": -4.504, "src": "[3] Table 7, Secs. 71301 to 71308 (revenue and outlay rows); [5] p. 7, Subtitle B Chapter 3 total", "kind": "tax", "short": "Health tax provisions (Subtitle B, Ch. 3)" }, { "label": "Medicaid (Subtitle B, Chapter 1)", "cl": -18.076999999999998, "cp": -18.076999999999998, "src": "[3] Table 7, Secs. 71101 to 71121 (sum of section rows; the sheet has no chapter subtotal)", "kind": "outlay", "short": "Medicaid (Subtitle B, Chapter 1)" }, { "label": "Medicare and rural health (Subtitle B, Chapters 2 and 4)", "cl": 1.693, "cp": 1.693, "src": "[3] Table 7, Secs. 71201 to 71203 and 71401", "kind": "outlay", "short": "Medicare and rural health (Subtitle B)" }, { "label": "SNAP and other nutrition (Title I, Subtitle A)", "cl": -7.961, "cp": -7.961, "src": "[3] Table 1, Subtotal, Subtitle A", "kind": "outlay", "short": "SNAP and other nutrition (Title I, Subtitle A)" }, { "label": "Student loans: loan limits and loan repayment (Title VIII, Subtitles B and C)", "cl": -13.05, "cp": -13.05, "src": "[3] Table 8, Subtotals for Subtitles B and C", "kind": "outlay", "short": "Student loans (Title VIII, Subtitles B, C)" }, { "label": "Pell Grants (Title VIII, Subtitle D)", "cl": 2.73, "cp": 2.73, "src": "[3] Table 8, Subtotal, Subtitle D", "kind": "outlay", "short": "Pell Grants (Title VIII, Subtitle D)" }, { "label": "Other Title VIII (asset exemption, regulatory relief, other, interactions)", "cl": -0.26399999999999935, "cp": -0.26399999999999935, "src": "[3] Table 8, Subtitles A, E, F, G, H and Total Interactions", "kind": "outlay", "short": "Other Title VIII items" }, { "label": "Defense (Title II)", "cl": 41.864, "cp": 41.864, "src": "[3] Table 2, Total Changes in Direct Spending", "kind": "outlay", "short": "Defense (Title II)" }, { "label": "Homeland security (Title IX)", "cl": 9.511, "cp": 9.511, "src": "[3] Table 9, Total Changes in Direct Spending", "kind": "outlay", "short": "Homeland security (Title IX)" }, { "label": "Immigration and judiciary, net of fee revenue (Title X)", "cl": 2.289, "cp": 2.289, "src": "[3] Table 10, outlays less Subtitle A revenues", "kind": "outlay", "short": "Immigration and judiciary, net (Title X)" }, { "label": "Other titles (Title I Subtitles B to F; Titles III to VI)", "cl": 1.8610000000000007, "cp": 1.8610000000000007, "src": "[3] Table 1 less Subtitle A; Summary Table (Titles III, IV); Tables 5, 6", "kind": "outlay", "short": "Other titles (I excl. Subtitle A; III to VI)" }, { "label": "Unallocated: Title VII total less the sum of its section rows (rounding in the source; current law only)", "cl": 0.09400000000005093, "cp": 0.0, "src": "[3] Table 7 totals less section rows", "kind": "recon", "short": "Unallocated: Title VII total less the sum of its section rows (rounding in the source; current law only)" }, { "label": "Interactions among titles", "cl": 0.0, "cp": 0.0, "src": "[3] Summary Table", "kind": "recon", "short": "Interactions among titles" }, { "label": "Total: the act's FY2026 deficit effect", "cl": 486.83900000000006, "cp": 275.652, "src": "Section 3.1, Table 2", "kind": "total", "short": "Total: the act's FY2026 deficit effect" } ], "reconciliation": { "rows_cl": 486.745, "rows_cp": 275.652, "t7_resid": 0.09400000000005093, "t7_rows_cl": 449.765, "cl_total_paper": 486.839, "cl_total_rows": 486.83900000000006, "cl_gap": -5.684341886080802e-14, "cp_total_paper": 275.652, "cp_total_rows": 275.652, "cp_gap_before_reconciling_items": 0.0, "cp_gap_tax_outlays_in_both": 5.144, "cp_gap_medicaid_revenue_in_rows_only": -0.47, "cp_gap_check": 0.0 }, "tax_subtotal_cl": 466.14900000000006, "tax_subtotal_cp": 255.05599999999998, "outlay_subtotal_cl": 20.596, "outlay_subtotal_cp": 20.596, "jcx35_net_total_fy26": -464.627, "cbo_title7_revenue_fy26": -461.569, "jct_outlay_effects_implied_by_jcx35_less_cbo_revenue": 3.0579999999999927 }, "student_loans": { "fy2025_scored": -149.99, "fy2026_scored": -13.05, "change": 136.94, "recorded_one_time_entry_sept2025": -131.0, "headline_change": 303.881, "scored_change_share_of_headline": 0.4506369269549594, "recorded_entry_share_of_headline": 0.43108980159996846, "memo_excluding_recorded_entry": 172.88099999999997, "memo_excluding_recorded_entry_pct_of_increase": 0.7963049966836168 }, "inputs_check": { "mts_function_sum_matches_outlays": -0.0020000000004074536, "mts_function_sum_fy25_matches": 0.0, "revenue_lines_sum_matches": 0.0, "revenue_lines_sum_fy25": 0.0010000000002037268 } } }