REV-32 FURTHER RESTRICT DEDUCTIONS FOR BUSINESS MEALS AND ENTERTAINMENT

                                Annual Added Revenues
                                (Billions of dollars)             Cumulative
Addition to          -----------------------------------------    Five-Year
CBO Baseline         1994     1995      1996     1997     1998     Addition
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Disallow Deductions
for Half of
Expenses for
Business Meals
and Entertainment      2.0      3.3       3.4      3.7      3.9       16.3
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SOURCE:  Joint Committee on Taxation.

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