Addressing the Deficit: Budgetary Implications of Selected GAO Work for Fiscal Year 1998.

Abstract

This report is divided into four appendixes. Appendix I discusses the conventions used to provide estimates of cost savings or additional revenues. Appendix II provides for congressional consideration an analytical framework of individual options. This framework provides one set of criteria that may be used to assess goals, scope, and approaches for delivering federal programs. It is organized around the following three broad themes: (1) reassess objectives, that is, reconsider whether to terminate or revise services and programs provided; (2) redefine beneficiaries, that is, reconsider who pays for or benefits from a particular program; and, (3) improve efficiency, that is, reconsider how a program or service is provided. Appendix III presents narrative descriptions of the options, organized by budget function and receipts. As mentioned above, appendix IV lists options from last year's report that were not updated for this year's volume. Although the General Accounting Office derived the options from its existing body of work, there are similarities with other deficit reduction proposals. For example, some options contained in this report have also been included in past editions of CBO's annual publication, Reducing the Deficit: Spending and Revenue Options, House and Senate Budget Resolution proposals, and the President's annual budget submission.

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Document Details

Document Type
Technical Report
Publication Date
Mar 14, 1997
Accession Number
ADA323479

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