Options for reducing the deficit : 2014 to 2023.

Format:

Book

Government document

Author/Creator:

United States. Congressional Budget Office, author.

Language:

English

Subjects (All):

Budget deficits--United States.

Budget deficits.

United States--Appropriations and expenditures.

United States.

Deficit financing--United States.

Deficit financing.

Expenditures, Public.

Physical Description:

1 online resource (viii, 305 pages) : color illustrations

Place of Publication:

[Washington, D.C.] : Congress of the United States, Congressional Budget Office, 2013.

Summary:

"The Congress faces an array of policy choices as it confronts the dramatic increase in the federal government'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, CBO periodically issues a compendium of policy options that would affect the federal budget as well as separate reports that include policy options in particular areas. This volume presents 103 options that would decrease federal spending or increase federal revenues over the next decade. Those options cover many areas, including defense, energy, Social Security, health care programs, other benefit programs, 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 CBO's May 2013 baseline budget projections), although many of the options would have longer-term effects as well."-- Publisher description.

Contents:

1. Introduction

The Current Context for Decisions About the Budget

Choices for the Future

Caveats About This Report

2. Mandatory Spending Options

Trends in Mandatory Spending

Methodology Underlying Mandatory Spending Estimates

Options in This Chapter

3. Discretionary Spending Options

Trends in Discretionary Spending

Methodology Underlying Discretionary Spending Estimates

4. Revenue Options

Trends in Revenues

Trends in Tax Expenditures

Methodology Underlying the Revenue Estimates

5. Options Related to Health

Trends in Spending and Revenues Related to Health

Methodology Underlying Estimates Related to Health

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

A. Some Options for Deficit Reduction Not Included in This Report

B. Spending Options by Budget Function

C. Options by Major Program or Category

List of Tables and Figures

About This Document.

Notes:

Title from title screen (viewed Jan. 7, 2014).

"November 2013."

"Pub. No. 4664."

Includes bibliographical references.

Other Format:

Print version: United States. Congressional Budget Office. Options for reducing the deficit

OCLC:

867724205