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Options for reducing the deficit : 2019 to 2028

Contributor(s): Publisher: [Washington, DC] : Congressional Budget Office, 2018Description: 1 online resource (304 pages) : illustrationsContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): LOC classification:
  • HJ2051 .U5 2016
Online resources:
Contents:
1. Introduction. -- The current context for decisions about the budget. -- Choices for the future. -- Caveats about this volume. -- 2. Mandatory spending options. -- Trends in mandatory spending. -- Analytic method underlying the estimates of mandatory spending. -- Options in this chapter. -- 3. Discretionary spending options. -- Trends in discretionary spending. -- Analytic method underlying the estimates of discretionary spending. -- Options in this chapter. -- 4. Revenue options. -- Trends in revenues. -- Tax expenditures. -- Analytic method underlying the estimate of revenues. -- Options in this chapter. -- 5. Health options. -- Trends in health-related federal spending and revenues. -- Analytic method underlying the estimates related to health. -- Options in this chapter. -- 6. The budgetary implications of eliminating a cabinet department. -- An overview of the budgets of the cabinet departments. -- Commerce, Education, and Energy: Departmental budgets by program. -- Policy and implementation issues. -- List of tables and figures. -- About this document
Summary: The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the publicwhich has more than doubled relative to the size of the economy since 2007and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass. To help inform lawmakers, the Congressional Budget Office periodically issues a compendium of policy options that would help to reduce the deficit. This edition reports the estimated budgetary effects of various options and highlights some of the advantages and disadvantages of those options. This volume presents 115 options that would decrease federal spending or increase federal revenues over the next decade
Holdings
Item type Current library Shelving location Call number Status Date due Barcode
Government document Government document NMC Library Stacks HJ2051 .U5 2018 O6 (Browse shelf(Opens below)) Available 33039001490415

December 2016 (Cover)

Includes bibliographical references

1. Introduction. -- The current context for decisions about the budget. -- Choices for the future. -- Caveats about this volume. -- 2. Mandatory spending options. -- Trends in mandatory spending. -- Analytic method underlying the estimates of mandatory spending. -- Options in this chapter. -- 3. Discretionary spending options. -- Trends in discretionary spending. -- Analytic method underlying the estimates of discretionary spending. -- Options in this chapter. -- 4. Revenue options. -- Trends in revenues. -- Tax expenditures. -- Analytic method underlying the estimate of revenues. -- Options in this chapter. -- 5. Health options. -- Trends in health-related federal spending and revenues. -- Analytic method underlying the estimates related to health. -- Options in this chapter. -- 6. The budgetary implications of eliminating a cabinet department. -- An overview of the budgets of the cabinet departments. -- Commerce, Education, and Energy: Departmental budgets by program. -- Policy and implementation issues. -- List of tables and figures. -- About this document

The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the publicwhich has more than doubled relative to the size of the economy since 2007and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass. To help inform lawmakers, the Congressional Budget Office periodically issues a compendium of policy options that would help to reduce the deficit. This edition reports the estimated budgetary effects of various options and highlights some of the advantages and disadvantages of those options. This volume presents 115 options that would decrease federal spending or increase federal revenues over the next decade

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