Options for Reducing the Deficit: 2014 to 2023

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By Douglas W. Emendorf (ed)
Year: 2013
Pages: 315
Binding Paperback
ISBN 978-1-4578-5199-5

Product Code: 1457851997

Description

The Congress faces an array of policy choices as it confronts the dramatic increase in the federal governmentäó»s debt over the past several years and the prospect of large annual budget deficits and further increases in that debt that are projected to occur in coming decades under current law. To help inform lawmakers about the budgetary implications of various approaches to changing federal policies, this report presents 103 options that would decrease federal spending or increase federal revenues over the next decade. Those options cover many areas -- ranging from defense to energy, Social Security, and provisions of the tax code. The budgetary effects identified for most of the options span the 10 years from 2014 to 2023 (the period covered by CBOäó»s May 2013 baseline budget projections), although many of the options would have longer-term effects as well. Tables and figures. This is a print on demand report.

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