164 SUMMARY TABLES
Table S–6. Mandatory and Receipt Proposals—Continued
(In millions of dollars)
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Totals
2025–2029 2025–2034
Amend the excise tax on employment-based group
health plans .......................................................... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... .........
Subtotal, improve benefits tax administration ... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... .........
Subtotal, additional receipt proposals ................ –53 –39,335 –40,867 –38,816 –35,938 –44,310 –46,942 –44,888 –46,508 –49,137 –52,088 –199,266 –438,829
Grand total, mandatory and receipt proposals .. –115,779 –129,495 –260,781 –233,569 –204,468 –219,766 –202,051 –245,915 –249,459 –317,442 –324,013 –1,048,079 –2,386,959
Note: Detail in this table may not add to the totals due to rounding. For receipt effects, positive figures indicate lower receipts. For outlay effects, positive figures indicate higher
outlays. For net costs, positive figures indicate higher deficits.
1
This proposal affects both outlays and receipts. The net effect is shown above. The receipt effects included in these estimates are as follows:
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Totals
2025–2029 2025–2034
Permanently extend enhanced premium tax credits . ......... ......... 5,551 7,977 8,581 9,128 9,839 10,068 10,700 11,616 12,587 31,237 86,047
Extend surprise billing protections to ground
ambulances ............................................................... ......... ......... –57 –78 –81 –86 –90 –94 –100 –104 –110 –302 –800
Reduce insulin cost-sharing in commercial plans ...... ......... 409 335 66 ......... ......... ......... ......... ......... ......... ......... 810 810
Provide Mortgage Relief Credit ................................... 710 17,230 7,820 2,062 –218 –69 ......... ......... ......... ......... ......... 26,825 26,825
Provide a neighborhood homes credit ........................ ......... 270 1,145 1,829 1,963 2,099 2,183 2,253 2,304 2,371 2,428 7,306 18,845
Expand and enhance the low-income housing credit ......... 84 354 980 1,918 2,961 4,010 5,054 6,090 7,118 8,077 6,297 36,646
Increase Federal Home Loan Banks’ contribution to
the Affordable Housing Program ........................... ......... –284 –284 –284 –284 –284 –284 –284 –284 –284 –284 –1,420 –2,840
Impose a minimum income tax on the wealthiest
taxpayers .................................................................. ......... ......... –50,310 –56,387 –59,430 –60,451 –59,974 –59,331 –53,057 –50,215 –53,513 –226,578 –502,668
Increase the top marginal income tax rate for high-
income earners ......................................................... –9,871 –75,419 –31,189 –13,798 –14,939 –15,859 –16,818 –17,833 –18,885 –19,997 –21,187 –151,204 –245,924
Reform the taxation of capital income ........................ ......... –18,031 –23,713 –25,164 –26,417 –27,624 –29,050 –30,727 –32,158 –33,758 –41,941 –120,949 –288,583
Improve tax administration for trusts and decedents’
estates ....................................................................... ......... –9 –79 –83 –96 –112 –130 –150 –174 –199 –227 –379 –1,259
Limit duration of generation-skipping transfer tax
exemption ................................................................. ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... .........
Modify income, estate, gift, and generation-skipping
transfer tax rules for certain trusts ........................ ......... –1,290 –2,625 –5,032 –6,855 –8,871 –10,566 –10,749 –11,608 –12,587 –13,567 –24,673 –83,750
Revise rules for valuation of certain property ............ ......... –331 –955 –1,025 –1,139 –1,225 –1,296 –1,390 –1,493 –1,613 –1,745 –4,675 –12,212
Expand limitation on deductibility of excessive
employee remuneration ........................................... ......... –37,169 –19,015 –30,421 –34,951 –31,354 –28,057 –22,148 –20,594 –22,385 –25,760 –152,910 –271,854
Restore and make permanent the American Rescue
Plan expansion of the earned income tax credit for
workers without qualifying children ...................... 386 1,551 1,702 2,043 2,029 2,022 2,012 1,999 1,977 1,973 1,968 9,347 19,276
Expand the child credit, and make permanent full
refundability and advanceability ............................ 5,329 23,570 –28,289 –854 3,189 3,398 3,627 3,896 4,196 4,522 4,262 1,014 21,517
Require Medicare to cover three behavioral health
visits without cost-sharing ...................................... ......... ......... ......... 3,740 3,483 1,346 834 877 925 977 1,035 8,569 13,217
Improve access to behavioral healthcare in the
private insurance market ........................................ ......... ......... ......... 1,836 2,555 2,669 2,804 2,945 3,101 3,272 3,442 7,060 22,624
Require 12 months of Medicaid postpartum coverage ... ......... ......... ......... ......... –1 –2 –3 –4 –5 –7 –8 –3 –30