### Question
How is the "tax expenditures" defined?


### Answer
The term **tax expenditures** is defined in *2 U.S.C. § 622* as follows -

> those revenue losses attributable to provisions of the Federal tax laws which allow a special exclusion, exemption, or deduction from gross income or which provide a special credit, a preferential rate of tax, or a deferral of tax liability

#### Citation:
  - *2 U.S.C. § 622*
  - Heading: **CHAPTER 17A-CONGRESSIONAL BUDGET AND FISCAL OPERATIONS**

