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The Tax Equity and Fiscal Responsibility Act of 1982 (Pub. L. 97–248), [1] also known as TEFRA, is a United States federal law that rescinded some of the effects of the Kemp-Roth Act passed the year before.
The waiver is also called a TEFRA waiver because it was passed as a provision of the Tax Equity and Fiscal Responsibility Act of 1982. Disabled people can transition to Medicaid Home and Home and Community-Based Services Waivers after age nineteen.
After the Economic Recovery Tax Act of 1981 revenues fell by 6% in real terms. This promoted a tax increase that passed the House in late 1981 and the Senate in mid-1982 called the Tax Equity and Fiscal Responsibility Act of 1982. This act was an agreement between Reagan and the Congress that raised revenues for the following years. Following ...
It was suspended as part of the bipartisan Fiscal Responsibility Act, which Congress passed in June 2023. Lawmakers likely would have until mid-2025 to address the debt ceiling since the Treasury ...
The so-called Fiscal Responsibility Act of 2023, negotiated by President Biden and former House Speaker Kevin McCarthy (R-Calif.) over Memorial Day weekend, passed the lower chamber in a 314-117 ...
Fiscal Responsibility Act may refer to: . Tax Equity and Fiscal Responsibility Act of 1982, an Act of the 97th United States Congress; Fiscal Responsibility Act of 2007, a proposed Act of the 110th United States Congress
This generation of politicians has killed fiscal responsibility–but millennials and Gen Zers will be the ones who pay the price Robert Hormats September 21, 2023 at 1:01 PM
South Carolina v. Baker, 485 U.S. 505 (1988), was a United States Supreme Court case in which the Court ruled that section 310(b)(1) of the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) does not violate the Tenth Amendment to the United States Constitution.