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Tax Stimulus Report Card: Conference Bill

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Publication Date: February 2009

Publisher(s): Tax Policy Center

Author(s): Rosanne Altshuler; Leonard E. Burman; Howard Gleckman; Dan Halperin; Benjamin H. Harris; Elaine Maag; Kim Rueben; Eric Toder; Roberton Williams

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Economics (Economic theory)

Keywords: Federal Budgets & Fiscal Policy; Tax Distribution and Economic Trends; Taxes and Social Programs; Economic Stimulus

Type: Report

Abstract:

This report card evaluates the provisions of the Finance and Ways & Means Committees' conference tax stimulus bill (the "American Recovery and Reinvestment Tax Act of 2009"). The evaluation is preliminary and does not include all of the provisions in the bill most notably we omit provisions related to state and local debt and recovery zone credits. TPC will update the report card if significant changes occur before Congress passes the bill.