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Brief

Let's freeze more than chump change

Leonard E. Burman
February 2, 2010

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Abstract

President Obama has proposed to freeze most domestic discretionary spending -- a step in the right direction, but not enough. The $250 billion in expected savings over the next decade is chump change compared with deficits that could top $10 trillion if policy doesn't change.

Research Area

Federal Budget and Economy Economic effects of tax policy Federal spending Individual Taxes Consumption taxes (individual)
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Meet the Experts

  • Leonard E. Burman
    Institute Fellow
Research report

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