Options for Reducing the Deficit, 2023 to 2032--Volume I: Larger Reductions


CBO issues a volume describing 17 policy options that would each reduce the federal budget deficit by more than $300 billion over the next 10 years or, in the case of Social Security options, have a comparably large effect in later decades.

There are two volumes to this budget options report—this volume and Volume II: Smaller Reductions. Other editions of this report are also available.

Data and Supplemental Information

Corrections and Updates

CBO has corrected this report since its original publication online. Corrections are listed at the end of the report.