Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Reducing the Deficit: Spending and Revenue Options: Spending and Revenue Options

Reducing the Deficit: Spending and Revenue Options: Spending and Revenue Options

Congressional Budget Office

Paperback

Accounting

Currently unavailable to order

ISBN10: 0160881560
ISBN13: 9780160881565
Publisher: Government Printing Office
Published: Mar 25 2011
Pages: 260
Language: English


NOTE: NO FURTHER DISCOUNT FOR THIS PRINT PRODUCT- OVERSTOCK SALE -- Significantly reduced list price

Presents more than 100 options for altering federal spending and revenues. Nearly all of the options would reduce federal budget deficits.

Federal budget deficits will total $7 trillion over the next decade if current laws remain unchanged, the Congressional Budget Office (CBO) projects. If certain policies that are scheduled to expire under current law are extended instead, deficits may be much larger. Beyond the coming decade, the aging of the U.S. population and rising health care costs will put increasing pressure on the budget. If federal debt continues to expand faster than the economy as it has since 2007 the growth of people's income will slow, the share of federal spending devoted to paying interest on the debt will rise, and the risk of a fiscal crisis will increase.

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