Government Information

Earl Gregg Swem Library

Reducing the Budget Deficit: Policy Issues

Categories: Govt Finance,Headlines,Taxes

http://www.fas.org/sgp/crs/misc/R41778.pdf

Federal government spending is at its highest level as a share of GDP since 1945 and revenues are at their lowest level as a share of GDP since 1950.  This report discusses policy options for deficit reduction.

From the Congressional Research Service, posted by the Federation of American Scientists