Note: Paper has been updated from original posting to account for new estimate of previously enacted savings.
Some commenters have suggested that our debt problems are mostly solved for at least the next decade and that only stabilizing the debt as a share of the economy is a sufficient goal. This paper makes the case for putting debt on a downward path as a percent of GDP by enacting $2.4 trillion of savings over ten years.
Links:
[1] http://crfb.org/sites/default/files/our_debt_problems_are_far_from_solved_updated_2.pdf
[2] http://crfb.org/sites/default/files/downward_path.jpg
[3] http://crfb.org/category/issue-area/deficits-and-debt
[4] http://crfb.org/category/project/other-crfb-papers
[5] http://crfb.org/category/document-type/policy-paper
