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above, Treasury is maintaining the measurement of actual tax revenue without adjustment for <br />population growth. <br />(4) Consideration of other sources of funding. The recipient government will then <br />identify and calculate the total value of changes that could pay for revenue reduction due to <br />covered changes and sum these items. This amount can be used to pay for up to the total value of <br />revenue -reducing changes in the reporting year. These changes consist of two categories: <br />(a) Tax and other increases in revenue. The recipient government must identify and <br />consider covered changes in policy that the recipient government predicts will have the effect of <br />increasing general revenue in a given reporting year. Recipient governments should use the same <br />approach to identify and value covered changes that increase tax revenue as applied to covered <br />changes that reduce tax revenue. For the reasons discussed above, Treasury is adopting these <br />aspects of identifying and valuing covered changes without change. <br />(b) Covered spending cuts. A recipient government also may cut spending in certain areas <br />to pay for covered changes that reduce tax revenue, up to the amount of the recipient <br />government's net reduction in total spending as described below. These changes must be <br />reductions in government outlays in an area where the recipient government has not spent <br />SLFRF funds. To better align with existing reporting and accounting, the interim final rule <br />considers the department, agency, or authority from which spending has been cut and whether <br />the recipient government has spent SLFRF funds on that same department, agency, or authority. <br />If the recipient government has not spent SLFRF funds in a department, agency, or authority, the <br />full amount of the reduction in spending counts as a covered spending cut, up to the recipient <br />government's net reduction in total spending. If they have spent SLFRF funds in such <br />department, agency, or authority, the SLFRF funds generally would be deemed to have replaced <br />333 <br />