JCT and CBO Estimate Senate Tax Bill Cost: $857.8 Billion

The Joint Committee on Taxation in report JCX 54-10 estimated the cost of the Senate tax bill at $857.8 billion.  The Congressional Budget Office also released similar estimates in a report that can be found at http://www.cbo.gov/ftpdocs/120xx/doc12020/sa4753.pdf.

Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.