The Treasury Department today released the 159-page 2005 "Blue Book," General Explanations of the Administration’s Fiscal Year 2006 Revenue Proposals, which summarizes the revenue proposals in the President’s Fiscal Year 2006 Budget.  Here is the Introduction:

This report summarizes the revenue proposals in the Administration’s Fiscal Year 2006 Budget. These proposals include making permanent the tax cuts enacted in 2001 and 2003, which is essential for promoting economic growth and higher levels of income in the future. The other proposals, also intended to strengthen the American economy, affect a wide range of areas including encouraging saving, investing in health care, assisting distressed areas, providing disaster relief, providing incentives for charitable giving, strengthening education, encouraging telecommuting, increasing housing opportunities, protecting the environment, and increasing energy production and promoting energy conservation. Additionally included are proposals to strengthen the employer based pension system, close loopholes and improve tax compliance, improve tax administration as well as proposals related to highway reauthorization and proposals to extend expiring tax provisions. The report also discusses the Advisory Panel on Federal Tax Reform, appointed by the President on January 7, 2005.

See also the Treasury Department’s press release.

The Treasury Department will hold a technical briefing on the 2005 Blue Book today at 2:00 p.m.EST in Room 4121.  To attend, you must e-mail your date of birth and social security numbers to Frances Anderson by 12:30 p.m.