How Debt Ceiling Cuts Will Work | Print |
August 2011

It has been difficult to follow the myriad conversations about what programs will be exempt from the deficit reduction knife IF, for any number of reasons, the newly established Joint Select Committee fails.

This two-page summary summarizes how the program will work if the Joint Committee does not succeed in producing, passing and enacting legislation by the end of 2011 that would reduce projected deficits by at least $1.2 trillion through 2021.  The summary also provides links to more detailed information about the cuts from the Center on Budget and Policy Priorities.

> Read the report.