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CBO estimates budget impacts of Choice Act
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Banking, Legislation
Tuesday, May 23, 2017
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The Congressional Budget Office (CBO) published a report detailing potential federal budget implications of H.R. 10, commonly known as the “Financial Choice Act” (FCA). The CBO noted that the economy’s unpredictable nature makes its estimates “subject to considerable uncertainty.” Read on to find out what budgetary conclusions the report offers, what variables it takes into account and which agencies most affect the CBO’s scoring of the bill.
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