Friday, January 11, 2013

An Analysis of Current Deficit Reduction Programs And Those Expected In Next Decade

This analysis indicates that current programs to reduce US budget deficits are weighted toward spending cuts versus revenue enhancement.  That ratio is unlikely to change when Congress replaces the sequester with an alternative spending plan.  Over the next decade, the budget deficit should be under control.  Longer term, spending on healthcare is the greatest threat to budget balance.

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