As the country awaits the final recommendations of the President’s fiscal commission, it is worth noting that several other substantive deficit-reduction plans have been released in recent months.
The plans offer a wide range of revenue, spending and budget-process options developed by bipartisan panels or groups representing different points on the political spectrum. Each plan recognizes that addressing the nation’s fiscal challenges will require more than rhetoric about eliminating waste.
While The Concord Coalition may not agree with some of these recommendations, it commends all of the authors for putting specific options on the table.
CRFB Deficit Plans Comparison Table
Bipartisan Policy Center Debt Reduction Task Force
Our Fiscal Security (Demos, Economic Policy Institute, and The Century Foundation)
Campaign for America’s Future
Peterson-Pew Commission on Budget Reform
Rep. Jan Schakowsky’s Deficit Reduction Plan
Rep. Paul Ryan’s Roadmap
Committee for a Responsible Federal Budget: The Future Is Now
Esquire Magazine’s Federal Budget Plan