Allows an inflation adjustment to credit and phaseout amounts for taxable years beginning after 2018.

The inflation adjustment may change as recent inflation rates are often revised.

This number results from a 7% decrease in physician payments times a 2.8% inflation adjustment increase.

The bill would allow an inflation adjustment to the dollar amounts of the expensing allowance for taxable years beginning after 2014.

This was mainly financed by the issuance in 2008 of $165.4 million in inflation-linked real return bonds, paying 3.17% plus inflation adjustment.