Smart Growth Implications of the CBO Deficit Reduction Report

The Congressional Budget Office (CBO), the nonpartisan federal agency that provides economic data to Congress, recently released a new report, “Options for Reducing the Deficit: 2014 to 2023”. The report presents over 100 options for reducing the federal deficit through spending changes and increasing revenue, some of which impact smart growth programs.

A few recommendations made by the CBO are relevant to recommendations that Smart Growth America made in its report, Federal Involvement Real Estate: A Call for Action, which evaluates options for saving the federal government billions of dollars per year by updating certain federal real estate programs to achieve better outcomes for households, communities and taxpayers.

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