Budget expert makes debt deal look easy

The Hill

June 28, 2011

Over at Frum Forum, the Bipartisan Policy Center's deficit guru Steve Bell shows how to get the $2.4 trillion in deficit savings the GOP is seeking in exchange for raising the debt ceiling — and he makes it look easy.

His formula:

1. $700 billion from the drawdown in Iraq and Afghanistan

2. Freeze appropriations to get $500-600 billion

3. Shrink federal work force and change how inflation is calculated — saves $200 billion

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Economic Policy Project