Options for Reducing the Deficit: 2015 to 2024

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By Douglas W. Elmendorf (ad)
Year: 2014
Pages: 71
Binding Paperback
ISBN 978-1-4578-6493-3

Product Code: 1457864932

Description

The Congress faces an array of policy choices as it confronts the prospect of large annual budget deficits and further increases in the already-large government debt that are projected to occur in coming decades under current law. This study provides estimates of the budgetary savings from 79 options that would decrease federal spending or increase federal revenues over the next decade. The options cover a broad range of areas in the federal budget, including defense, energy, Social Security, health care programs, other benefit programs, and provisions of the tax codes. The budgetary effects identified for most of the options span the 10 years from 2015 to 2024, although many of the options would have longer-term effects as well. Tables. This is a print on demand report.

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