CBO describes excise taxes, examines trends in excise tax revenues, and provides information about the models it uses for its baseline projections of excise tax revenues.
CBO describes a structural model for estimating how changes in permitting requirements affect private investment. The framework shows how longer or more uncertain permitting processes increase the user cost of capital and reduce investment.
CBO provides current information about the budgetary effects of drug provisions in the 2022 Reconciliation Act; the effects of drug price negotiation, inflation rebates, and the Medicare Part D redesign; and ongoing updates to CBO's models.
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