The Joint Committee on Taxation yesterday released Description of Revenue Provisions Contained in the President’s Fiscal Year 2011 Budget Proposal (JCS-2-10) (521 pages):

This document … provides a description and analysis of the tax provisions that are included in the President’s fiscal year 2011 budget proposal, as submitted to the Congress on February 1, 2010. The document generally follows the order in which the provisions are set forth in the table providing estimates of the revenue effects of the revenue proposals contained in the President’s budget proposals. For each provision, there is a description of present law and the proposal (including effective date), a reference to relevant prior budget proposals or recent legislative action, and an analysis of policy issues related to the proposal.