Budget Control Acts of 2011

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Budget Control Acts of 2011
by Douglas Elmendorf
House Speaker John Boehner and Senate Majority Leader Harry Reid recently put forward plans to reduce deficits over the next decade as part of proposals to raise the limit on the national debt. CBO has estimated the budgetary effects of those plans—both titled the Budget Control Act of 2011. CBO’s estimate for the legislation proposed in the House can be found here; our estimate for the legislation proposed in the Senate can be found here.
http://cboblog.cbo.gov/?p=2454