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Comparison of Budget Control Act Proposals [vii] (2011)

handle is hein.congrec/cbo10578 and id is 1 raw text is: Effects on Deficits Relative to CBO's March Baseline Adjusted for Subsequent Appropriation Action (in billions of dollars, fiscal years 2012-2021) House Speaker Boehner's Plan, Proposed on July 27 Majority Leader Reid's Plan, Proposed on July 29 Caps on Discretionary Programs Excluding OCO Program Integrity Initiatives Other Mandatory Spending Debt Service Savings, Non-OCO Total Effect on the Deficit, Excluding OCO Caps on Funding for OCO Debt Service Savings, OCO Caps -756 -1 -5 -156 -917 N.A. N.A. -752 -11 -11 -153 -927 -1,044 -223 Notes: OCO = Overseas contingency operations, which include the wars in Afghanistan and Iraq and similar activities. N.A. = not applicable Details may not add to totals because of rounding. As requested by the House and Senate leadership, CBO also calculated the net budgetary impact of the plans if the discretionary savings are measured relative to CBO's January baseline projections. Relative to that baseline, CBO estimates that Speaker Boehner's proposal would reduce budget deficits by about $1.1 trillion between 2012 and 2021; Majority Leader Reid's proposal would reduce budget deficits by slightly more than $2.4 trillion between 2012 and 2021.