Budget Deficit:

Appendixes on Outlook, Implications, and Choices

OCG-90-5A: Published: Sep 28, 1990. Publicly Released: Sep 28, 1990.

Additional Materials:

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Pursuant to a congressional request, GAO presented a 5-appendix companion volume to its review of the budget problem facing the nation, the implications of the deficit for the U.S. economy, and the choices that must be made to reduce the deficit problem.

GAO noted that: (1) aggressive deficit reduction would not seriously imperil short-term economic growth and could result in lower interest rates, increased exports, strengthened investment, and increased long-term economic growth; (2) it estimated budget savings from defense force reductions by using costs developed by allocating the Department of Defense budget to current forces; and (3) the government could reduce nondefense spending by restructuring the health care system and reducing state and local grants. GAO identified specific programs that might be eliminated or reduced to lower nondefense budget outlays and provided a detailed breakdown of possible revenue options.

Dec 15, 2020

Oct 7, 2020

Sep 23, 2020

Jan 23, 2020

Dec 19, 2019

  • budget icon, source: GAO

    State and Local Governments' Fiscal Outlook:

    2019 Update
    GAO-20-269SP: Published: Dec 19, 2019. Publicly Released: Dec 19, 2019.

Nov 14, 2019

Oct 16, 2019

Jun 26, 2019

Apr 10, 2019

Mar 27, 2019

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