Preliminary Analysis Of The Distributional Effects Of The One Big Beautiful Bill Act

In May 2025, Congressional Budget Office published a letter in response to a request for an analysis of the distributional effects of the 2025 reconciliation bill. The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) have recently estimated the budgetary effects of the One Big Beautiful Bill Act, as ordered reported by the House Committee on the Budget on May 18, 2025 . . .