9-1

 

Projected federal spending under the committee’s four scenarios,

 

174

9-2

 

Projected federal debt under the committee’s four scenarios,

 

175

9-3

 

Projected federal deficits under the committee’s four scenarios,

 

175

9-4

 

Federal spending and revenues under the committee’s low scenario,

 

176

9-5

 

Deviation from the study baseline for revenues and noninterest outlays under the committee’s low scenario,

 

176

9-6

 

Federal spending and revenues under the committee’s high scenario,

 

177

9-7

 

Deviation from the study baseline for revenues and noninterest outlays under the committee’s high scenario,

 

177

9-8

 

Federal spending and revenues under the committee’s intermediate-1 scenario,

 

179

9-9

 

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

 

179

9-10

 

Federal spending and revenues under the committee’s intermediate-2 scenario,

 

180

9-11

 

Deviation from the study baseline for revenues and noninterest outlays under the committee’s intermediate-2 scenario,

 

180

TABLES

6-1

 

Four Illustrative Social Security Options: Overview,

 

114

8-1

 

Federal Tax Structure and Revenue Levels Under the Committee’s Four Paths,

 

155

8-2

 

Percentage Change in After-Tax Income Under the Committee’s Four Scenarios in Comparison with Current Law for Selected Income Groups, in percent,

 

164

BOXES

1-1

 

Committee Charge,

 

11

1-2

 

The Deficit and the Debt,

 

12

1-3

 

Constructing a Budget Baseline,

 

14

1-4

 

Uncertainties,

 

15

1-5

 

Tax Expenditures,

 

23

2-1

 

Health: An Example of Values and Choices,

 

42

2-2

 

Government Size and Economic Growth,

 

44

3-1

 

The Arithmetic of the Debt,

 

52



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