REV-08 LIMIT THE TAX BENEFIT OF ITEMIZED DEDUCTIONS TO 15 PERCENT

                                Annual Added Revenues
                                (Billions of dollars)             Cumulative
                     -----------------------------------------    Five-Year
                     1994     1995      1996     1997     1998     Addition
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Addition to
CBO Baseline          23.3     52.8      57.9     63.4     67.5      264.9
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SOURCE:  Joint Committee on Taxation.

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