The national calibration target pipeline still uses 2024 JCT tax expenditure values for SALT, medical expense deduction, charitable deduction, mortgage interest, and QBI. JCT has published 2025-2029 estimates in JCX-45-25.
Update the hardcoded JCT-derived targets in policyengine_us_data/db/etl_national_targets.py and the legacy loss path where applicable, or document why these 2024 values should remain pinned for current calibration builds.
Source: https://www.jct.gov/publications/2025/jcx-45-25/
The national calibration target pipeline still uses 2024 JCT tax expenditure values for SALT, medical expense deduction, charitable deduction, mortgage interest, and QBI. JCT has published 2025-2029 estimates in JCX-45-25.
Update the hardcoded JCT-derived targets in
policyengine_us_data/db/etl_national_targets.pyand the legacy loss path where applicable, or document why these 2024 values should remain pinned for current calibration builds.Source: https://www.jct.gov/publications/2025/jcx-45-25/