15 Ways to Rethink the Federal Budget

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Released: February 2013

Related Topics: Economic Security, Effective Government, Tax Policy, Employment & Wages

 
 

In the coming months, policymakers will be making important decisions on how to reduce the federal budget deficit. These decisions pose significant political and economic challenges, but also create a rare window of opportunity for policymakers to decide what kinds of programs and investments our country values, and what sort of society we will create for future generations.

To this end, The Hamilton Project asked leading experts from a variety of backgrounds—the policy world, academia, and the private sector, and from both sides of the political aisle—to develop policy proposals which could form a partial menu of options to achieve responsible deficit reduction. The mandate given to the authors was to describe pragmatic, evidenced-based proposals that would both reduce the deficit and also bring broader economic benefits. The resulting fifteen proposals are included in The Hamilton Project’s, 15 Ways to Rethink the Federal Budget. While not intended to cover every budget category, these papers take on a wide-ranging set of topics, including immigration, transportation, health care, defense spending, and tax expenditures, and include options to reduce mandatory and discretionary expenditures, raise revenues, and improve government efficiency.

 

Introduction

An Enduring Social Safety Net

Innovative Approaches to Tax Reform

New Sources of Revenue and Efficiency

Budgeting for a Modern Military

The Hamilton Project has created a interactive feature that calculates how implementing different proposals in our “15 Ways to Rethink the Federal Budget” could impact the ten-year budget picture. To try it, click here.


 

Download 15 Ways to Rethink the Federal Budget, which includes all of the policy proposals in a single volume, either in PDF format or as a free ebook.

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