CBO Says House Funding Bill Would Cut Taxes by $33 Billion

CBO Says House Funding Bill Would Cut Taxes by $33 Billion

U.S. Congressional Budget Office

The Extension of Continuing Appropriations Act, 2018, as considered by the House Rules Committee, would suspend taxes on medical devices, high-cost plans, and insurance providers, resulting in $33.2 billion less revenue over 10 years, according to estimates released January 17 by the Congressional Budget Office.

The Extension of Continuing Appropriations Act, 2018, as considered by the House Rules Committee, would suspend taxes on medical devices, high-cost plans, and insurance providers, resulting in $33.2 billion less revenue over 10 years, according to estimates released January 17 by the Congressional Budget Office.

The Extension of Continuing Appropriations Act, 2018, as considered by the House Rules Committee, would suspend taxes on medical devices, high-cost plans, and insurance providers, resulting in $33.2 billion less revenue over 10 years, according to estimates released January 17 by the Congressional Budget Office.

The Extension of Continuing Appropriations Act, 2018, as considered by the House Rules Committee, would suspend taxes on medical devices, high-cost plans, and insurance providers, resulting in $33.2 billion less revenue over 10 years, according to estimates released January 17 by the Congressional Budget Office.