Alright, this budget does cut the deficit by a whopping 400 billion dollars from around $900 billlion last year. This is a lot of progress done mainly through cutting bloated government bureaucracy and making things more efficient. This was done largely through the work of the DPC members and the GM team.
We in the GM team merely provided budget impact scores for new laws and calculated GDP, unemployment, and resulting tax receipts. Credit for the actual deficit reduction should go solely to lawmakers. While some deficit reduction is the result of higher tax receipts due to higher GDP and lower unemployment, our calculations necessarily factor in decisions made by lawmakers.
