Oct. 27, 2011
New England Journal of Medicine
, Vol. 365, No. 17
Paul B. Ginsburg, Chapin White
The 2011 Budget Control Act (BCA), which resolved this summer’s debt-ceiling crisis, cut $0.9 trillion from discretionary programs over 10 years and created a bipartisan, bicameral “super committee” tasked with proposing at least $1.2 trillion in additional deficit reduction by Thanksgiving. Given the immensity of the federal fiscal imbalance, the BCA and the committee’s work are probably just first steps of a much longer march to fiscal stability.
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