A nonpartisan budget simulation to illustrate some of the tradeoffs that lawmakers are faced with when crafting a budget and reducing the federal deficit.
To request a group with a unique URL for a classroom exercise, contact Next 10 here.
The national debt represents the accumulation of the government's annual deficits.
The goal of the Federal Budget Challenge is to reduce the amount of annual deficits over the next 10 years. Your starting point will be the CBO's estimate for these deficits under current law -- assuming Congress and the President pass no legislation over that time.
To learn about the budget decisions that lead to these annual deficits click here.
Most of the policy descriptions and cost estimates are from the Congressional Budget Office (CBO) and their "Budget Options" publications. Proposals not based on CBO materials are Concord Coalition estimates based on ideas and bills which are being considered or discussed by Congress. The Budget Challenge software was created by Next 10 and originally used for California.
This list of options is only intended as a representative sample of the options available to policymakers. It is neither comprehensive nor is it a list of recommendations by The Concord Coalition or Next 10.