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law baseline".
This is how the "current law baseline" cuts the deficit: Thanks to inflation and bracket creep, its tax code gradually subjects more and more Americans to rates that now fall only on the wealthy.
"The budget legislation specifically calls for deficit reduction — not simply spending cuts — and does not anywhere require the committee to work off a current law baseline," Mr. Sperling said.
First, as the Washington Post's Ezra Klein explained a couple of days ago, the forty-five-billion-dollar figure was calculated on the basis of a "current law" baseline, which assumes that the Bush tax cuts expire at the end of the year and that the Alternative Minimum Tax isn't fiddled with — which it always is.
It's called the "current law baseline," a Congressional Budget Office projection in which the Bush-era tax rates aren't renewed in 2012, the Alternative Minimum Tax (which is supposed to hit only the rich but increasingly bites into middle-class paychecks) isn't indexed for inflation, and Medicare payments to doctors are slashed by 20 percent.
I don't think we're likely to let the current law baseline prevail, so I'd say stick with GS but hope for Moody 'sto be right.
Similar(53)
Comparisons are from the pre-law baseline.
Additionally, 1991 was dropped because its sample included fewer than 100 respondents in all non-white groups and merging it with 1993, the last pre-law survey, would potentially bias the pre-law baseline.
While in some instances, helmet use fell from its post-law peak (as with white students in Dallas), virtually every subpopulation continued to wear helmets at a rate exceeding its pre-law baseline.
The USRDS, indirectly mandated by federal law, incorporates baseline and follow-up demographic and clinical data on all patients receiving end stage renal disease (ESRD) therapy in the United States.
Logistic regression was used to compare differences in the odds of smoking after the laws took effect (baseline vs. 1st law; 2nd law vs. 1st law).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com