Center on Budget and Policy Priorities: How Much Deficit Reduction Is Needed Over the Coming Decade?

July 11, 2013

Policymakers could stabilize the debt (so it stops rising as a percent of the economy) over the latter part of the decade with about $900 billion in further deficit savings, according to the Center’s updated calculations, which are based on the new, more optimistic budget projections the Congressional Budget Office (CBO) released in May.