FIGURE 9-4 Federal spending and revenues under the committee’s low scenario.

FIGURE 9-4 Federal spending and revenues under the committee’s low scenario.

FIGURE 9-5 Deviation from the study baseline for revenues and noninterest outlays under the low committee’s scenario.

FIGURE 9-5 Deviation from the study baseline for revenues and noninterest outlays under the low committee’s scenario.

would stay below the current average of advanced economies belonging to the Organisation for Economic Co-operation and Development.

HIGH SPENDING AND REVENUES PATH

At the other end of the spectrum, the substantial revenue increases assumed in the high path allow a smaller (though, in the longer term, still



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