JCT, CBO Budgets Approved
The Legislative Branch Appropriations Bill contains funding for the congressional scorekeeping agencies. The JCT’s approved budget request is $11.2 million and the CBO’s is $50.7 million.
Tax Reform Technical Corrections
According to JCT Chief Thomas Barthold, the JCT is currently compiling technical corrections to the Tax Cuts and Jobs Act. Also, Barthold said the JCT’s technical corrections role is clarifying lawmakers’ legislative intent.
A technical corrections bill will be separate in scope from any tax reform “phase two” legislative efforts, House Ways and Means Committee Chairman Kevin Brady, R-Tex., has said.
By Jessica Jeane, Wolters Kluwer News Staff