CRFB Releases Paper Analyzing President's Framework
This morning, CRFB released a paper analyzing President Obama's new budget framework which the President laid out last week in a speech at the George Washington University. In this paper, we find that the President's Framework saves $2.5 trillion over 10 years, a substantial improvement over the President's February budget request. By comparison, we find that the House budget plan -- based on the budget proposal from House Budget Committee Chairman Paul Ryan (R-WI) -- and the Fiscal Commission plan each save just over $4 trillion over the period.
