All in, the budget proposals would purportedly reduce deficits by an additional $ 1.8 trillion, bringing total deficit reduction to more than $ 4 trillion when combined with other efforts from the last two years. (eyeonhousing.org)
The bill can not increase total deficits in the years beyond the CBO's 10 - year budget window, over and above the forecasts under current law. (fortune.com)
Its assessment of Osborne's autumn statement found that spending cuts are likely to make up 85 % of the total deficit reduction effort - not the 80 - 20 split between cuts and tax rises targeted by the chancellor. (politics.co.uk)