CBO Issues Cost Estimate for Clergy Act
February 28, 2026
February 28, 2026
WASHINGTON, Feb. 28 -- The Congressional Budget Office issued the following cost estimate for the Clergy Act (H.R. 227).
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The bill would
* Allow clergy to make a onetime decision to reverse a previous decision to exempt their ministerial earnings from self-employment taxes
* Result in additional revenue from self-employment taxes from clergy who exercised that option
* Increase outlays for future Social Security and Medicare . . .
* * *
The bill would
* Allow clergy to make a onetime decision to reverse a previous decision to exempt their ministerial earnings from self-employment taxes
* Result in additional revenue from self-employment taxes from clergy who exercised that option
* Increase outlays for future Social Security and Medicare . . .