FIGURE 9-8 Federal spending and revenues under the committees intermediate-1 scenario.

FIGURE 9-8 Federal spending and revenues under the committee’s intermediate-1 scenario.

FIGURE 9-9 Deviation from the study baseline for revenues and noninterest outlays under the committees intermediate-1 scenario.

FIGURE 9-9 Deviation from the study baseline for revenues and noninterest outlays under the committee’s intermediate-1 scenario.

intermediate-2 path cuts back on commitments in these areas (though not to the same extent as the low path). The intermediate-1 scenario, in other words, does more to constrain spending on the elderly to allow the federal government to take on some new responsibilities, make selective public investments for the future, and maintain defense spending at the baseline level. The intermediate-2 scenario, in contrast, gives priority to protecting the health and benefits of the elderly at the expense of reductions in defense and other domestic spending.



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