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Options for Reducing the Deficit: 2019 to 2028

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  • Congressional Budget Office

Abstract

Since 2007, federal debt held by the public has more than doubled in relation to the size of the economy. The Congress faces an array of policy choices as it confronts the challenges posed by such large and growing debt. To help inform lawmakers, CBO periodically issues a volume of options—this year’s installment presents 121—that would decrease federal spending or increase federal revenues over the next decade.

Suggested Citation

  • Congressional Budget Office, 2018. "Options for Reducing the Deficit: 2019 to 2028," Reports 54667, Congressional Budget Office.
    • Handle: RePEc:cbo:report:54667
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    File URL: https://www.cbo.gov/system/files/2019-06/54667-budgetoptions-2.pdf
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    Cited by:

    1. Seth H. Giertz & Anil Kumar, 2024. "The local fiscal multiplier of intergovernmental grants: evidence from federal medicaid assistance to states," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(5), pages 1204-1228, October.
    2. Prasenjit N. Ghosh & Ruiqing Miao & Emir Malikov, 2023. "Crop insurance premium subsidy and irrigation water withdrawals in the western United States," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 48(4), pages 968-992, October.
    3. Natasha Sarin & Lawrence H. Summers, 2020. "Understanding the Revenue Potential of Tax Compliance Investment," NBER Working Papers 27571, National Bureau of Economic Research, Inc.
    4. Erin Cottle Hunt & Frank N. Caliendo, 2020. "Social Security reform: three Rawlsian options," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 27(6), pages 1582-1607, December.

    More about this item

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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