REV-14 PHASE OUT THE DEPENDENT-CARE CREDIT

                                Annual Added Revenues
                                (Billions of dollars)             Cumulative
Addition to          -----------------------------------------    Five-Year
CBO Baseline         1994     1995      1996     1997     1998     Addition
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Phaseout
Starting at:
   $30,000             0.1      0.9       0.9      1.0      1.0        3.9

   $50,000               a      0.5       0.5      0.5      0.6        2.1

   $65,000               a      0.3       0.3      0.3      0.3        1.2
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SOURCE:  Joint Committee on Taxation.

a.  Less than $50 million.

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