May 14, 2025 · Based on available scores, we estimate the reconciliation bill as written would boost total deficits through FY 2034 by roughly $3.3 trillion – with $4.1 trillion of new borrowing …

Mar 20, 2024 · CBO periodically issues a compendium of policy options and their estimated effects on the federal budget. This report presents 76 options for altering spending or …

3 days ago · Working-age households in the middle of the income distribution also lose, with an average lifetime reduction of $3,000, as they face a chance of needing spending programs …

Feb 2, 2023 · In two volumes, CBO offers 17 options that would significantly reduce the debt and 59 smaller options, including provisions affecting both the spending and revenue sides of the …

The FY 2025 House budget resolution includes a failsafe to achieve at least $2 trillion in deficit reduction through reconciliation to unlock the full potential of tax reform.

Deficit reduction in the United States refers to taxation, spending, and economic policy debates and proposals designed to reduce the federal government budget deficit.

Dec 16, 2024 · Here's a look at some of the notable deficit reduction options from the report, including changes to mandatory and discretionary spending programs as well as tax policies …