Tax Credit Bonds
The Hiring Incentives to Restore Employment Act included tax credits on qualifying bonds.
Also included in the Hire Act were provisions creating incentives for hiring unemployed workers.
Maximum amount reflects the lost revenue from the tax provisions over a 10-year period. Deficit impact reflects the total net cost of the provision in proportion to the total net cost of -$1.1 billion for the bill. Offsets totaled $16.7 billion, stemming largely from foreign account tax compliance and a delay in implementing worldwide interest expense allocation until 2020.
Amount spent unknown.