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CBO 2025 January baseline update #2874

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merged 19 commits into from
Mar 10, 2025
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This PR is to update the model with CBO 2025 January baseline update.

New data files including grow factors, puf ratio & weight files are generated from Tax-Data's completed PR work

@bodiyang bodiyang marked this pull request as draft February 21, 2025 19:22
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codecov bot commented Feb 24, 2025

Codecov Report

All modified and coverable lines are covered by tests ✅

Project coverage is 100.00%. Comparing base (80c6db6) to head (bdb39d8).
Report is 22 commits behind head on master.

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@@            Coverage Diff            @@
##            master     #2874   +/-   ##
=========================================
  Coverage   100.00%   100.00%           
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  Files           13        13           
  Lines         2618      2618           
=========================================
  Hits          2618      2618           
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unittests 100.00% <100.00%> (ø)

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Files with missing lines Coverage Δ
taxcalc/policy.py 100.00% <100.00%> (ø)
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@bodiyang bodiyang marked this pull request as ready for review February 27, 2025 15:23
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@jdebacker This PR is ready for review

@@ -40,9 +40,9 @@ class instance: Policy
DEFAULTS_FILE_NAME = 'policy_current_law.json'
DEFAULTS_FILE_PATH = os.path.abspath(os.path.dirname(__file__))
JSON_START_YEAR = 2013 # remains the same unless earlier data added
LAST_KNOWN_YEAR = 2025 # last year for which indexed param vals are known
LAST_KNOWN_YEAR = 2026 # last year for which indexed param vals are known
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Should the LAST_KNOWN_YEAR stay at 2025? This PR doesn't update with IRS rounding rules.

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Does ext.json need to be updated given the new grow factors?

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bodiyang commented Feb 28, 2025

@jdebacker Yes, I agree there should be a change in ext.json file from the new growth factors update.

Already made the corresponding changes and pass the tests

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bodiyang commented Mar 7, 2025

@jdebacker a follow up to see if this PR is good to merge

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@bodiyang Looks great! Thanks for this update.

@jdebacker jdebacker merged commit 79cbe02 into PSLmodels:master Mar 10, 2025
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@bodiyang bodiyang deleted the CBO_2025_Jan branch March 11, 2025 13:40
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2 participants