Deficit Reduction Act of 1984

(redirected from Deficit Reduction Act)
Also found in: Wikipedia.

Deficit Reduction Act of 1984

Legislation in the United States that closed some loopholes and eliminated some taxes, but for the most part increased American tax levels. Among other provisions, the Act did this by increasing the number of years over which some assets are depreciated, ending the net interest exclusion up to $900, and established stricter rules for income averaging. Its name in the House of Representatives was the Tax Reform Act of 1984.
Mentioned in ?
References in periodicals archive ?
Another anti-deficit law was the plainly labeled Deficit Reduction Act of 2005.
The Bidder must be thoroughly knowledgeable with the NYS False Claims Act and the 2005 Federal Deficit Reduction Act (DRA).
According to the Congressional Budget Office, Roberts' bill, the Improve Nutrition Program Integrity and Deficit Reduction Act, will save the taxpayer more than $36 billion over 10 years, presumably not all of which would be achieved by kicking lottery winners out of the program.
Even without the so-called "fiscal cliff" around the corner, federal policy makers began cutting reimbursement for imaging services starting with the Deficit Reduction Act in 2006.
Even without the so-called fiscal cliff around the corner, federal policy makers began cutting reimbursement for imaging services starting with the Deficit Reduction Act in 2006.
Congress let other states offer partnership programs when it passed the Deficit Reduction Act of 2005.
The recommendations include altering the definition of allowable expenditures under TANF purposes three and four that reflects the latitude provided in the original statutory language of the Deficit Reduction Act of 2005.
Law Pulse reported in the February 2007 issue of the IBJ that the Illinois Department of Healthcare and Family Services (DHFS) was preparing proposed rules to implement the federal Deficit Reduction Act of 2005, PL 109-171 (DRA 2005) 42 USC 1305 et seq.
The Deficit Reduction Act of 2005 (DRA) reauthorized the Temporary Assistance for Needy Families (TANF) block grant and made modifications expected to strengthen work requirements for families receiving cash assistance through state TANF programs.
Iowa), supports the argument of the National Association of Chain Drug Stores and the National Community Pharmacists Association (NCPA) that reimbursement rates mandated by the Deficit Reduction Act of 2005 (DRA) would, in many cases, be less than the what pharmacies pay for the drugs.
The Supreme Court decision in Dickman (1984), the introduction by the Deficit Reduction Act of 1984 of the concept of "forgone interest" and the phasing out of the deduction for personal interest by the 1986 Tax Reform Act limited these tax advantages.
The federal Deficit Reduction Act of 2005, which became law in 2006, restored incentives for states to implement long-term care partnership programs and gave them a new tool to combat the alarming growth in long-term care expenses falling under Medicaid.