The Case for Going Big

October 21, 2011 |
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Given recent reports of the challenges facing the Joint Select Committee on Deficit Reduction (Super Committee) in achieving their $1.2 -- $1.5 trillion savings mandate, the Committee for a Responsible Federal Budget released an analysis arguing that shooting for two to three times as much savings can actually increase the chances of the Committee's success.

In the analysis, CRFB argues that a Go Big approach can improve the chances of the Super Committee succeeding by:

  • Allowing for the necessary political tradeoffs;
  • Creating a sense of shared contributions;
  • Allowing for the economic and political gains of a larger package that actually fixes the problem.

CRFB also put together a brief slideshow making the case for why "Going Big" could improve the Super Committee's chances of success.

 

Click here to view the slideshow on CRFB.org.

Click here to view the PDF of the slideshow, or download it to the right.