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TAB-03
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Table 3. Required Reductions in Discretionary Spending (By fiscal year, in
billions of dollars)
Cumulative
Five-Year
1994 1995 1996 1997 1998 Total
Uncapped Baseline Deficit a.304 310 313 347 387 1,662
Reductions Required to Meet
CBO Baseline
Discretionary spending -13 -25 -24 -23 -23 -107
Debt-service savings b -1 -3 -5 -6 -16
Subtotal -13 -26 -27 -28 -29 -123
CBO Baseline Deficit c. 291 284 287 319 357 1,539
SOURCE:Congressional Budget Office.
a. The assumed level of discretionary appropriations in 1994 through 1998
equals actual 1993 appropriations increased for projected inflation and
excludes emergencies.
b. Less than $500 million.
c. Discretionary appropriations are held to the limits established by the
Budget Enforcement Act for 1994 and 1995 and are adjusted for inflation
thereafter.