Capitol Freeze: Fiscal Effects of Discretionary Spending Caps

Report Read time:
Capitol Freeze: Fiscal Effects of Discretionary Spending Caps

Capitol Freeze: Fiscal Effects of Discretionary Spending Caps, a new report by the Pew Fiscal Analysis Initiative finds that the savings from recently proposed freezes would range widely, from $377 billion to $1.5 trillion over the next decade, depending on what they include and their timing. The report also finds that without any action, the federal debt will continue to rise to unprecedented levels – up to 158 percent of gross domestic product (GDP) by 2035.

Below is an interactive calculator, which further supports findings from Capitol Freeze: Fiscal Effects of Discretionary Spending Caps. The calculator allows the user to set different discretionary spending freeze parameters and see the effect the choices would have on the deficit and debt. The methodology for this tool and the analysis for the paper can be found on page 27 of Capitol Freeze: Fiscal Effects of Discretionary Spending Caps.

 

 

Downloads Capitol Freeze Fiscal Effects of Discretionary Spending Caps
Downloads Capitol Freeze Fiscal Effects of Discretionary Spending Caps
America’s Overdose Crisis
America’s Overdose Crisis

America’s Overdose Crisis

Sign up for our five-email course explaining the overdose crisis in America, the state of treatment access, and ways to improve care

Sign up
Quick View
America’s Overdose Crisis

America’s Overdose Crisis

Sign up for our five-email course explaining the overdose crisis in America, the state of treatment access, and ways to improve care

Sign up
Article June 13, 2023

37 Scientists Pioneering the Future of Biomedical Research

Quick View
Article June 13, 2023

Biomedical researchers are at the heart of nearly every medical advancement. From cutting-edge cancer treatments to breakthrough discoveries about emerging viruses, these scientists use creativity and ingenuity to explore new horizons in human health and medicine. And for nearly 40 years, The Pew Charitable Trusts has supported more than 1,000 early-career researchers committed to this work.

MORE FROM PEW

A black and white fishing trawler, with its net in the water and an orange light glowing from within the cabin, is followed by dozens of black seabirds. The breaching fin of an orca whale is visible on the dark surface of the water, and a rocky, snow-covered mountain rises from the sea in the background. Fisheries Managers Should Take Care of Ecosystem Health
A man wearing a checkered, collared shirt leans in and touches the shoulder of a man in a blue collared shirt with lights in the background. The Power of Lived Experience in Suicide Prevention
A woman and her grandchildren on a sunny afternoon. Courts Can Do More to Help Families Seeking Guardianship
Sunlight streams into the blue waters of a vibrant coral reef. Yellow, black and blue, and orange fish swim near red, green and bright coral. To Save Biodiversity, Community Funds New Plan
Composite image of modern city network communication concept

Learn the Basics of Broadband from Our Limited Series

Sign up for our four-week email course on Broadband Basics
Quick View

How does broadband internet reach our homes, phones, and tablets? What kind of infrastructure connects us all together? What are the major barriers to broadband access for American communities?