The remaining revenue should be used to help reduce the federal deficit and make the tax code more progressive, easing some of the bite from higher electricity and gas prices. (climatecrocks.com)
Cutting this engine of growth is the absolute least productive way for the Congressional super committee to reduce the federal deficit in the coming years. (dotearth.blogs.nytimes.com)
The Congressional Budget Office further reports that the law will reduce the federal deficit by $ 138 billion by 2020. (inc.com)