Congress needs to play this budget game

April 12, 2013

Sometimes think tanks giveth, and sometimes they giveth a lot. This is a case of the latter. Remember in February when the Hamilton Project at the Brookings Institution released a list of 15 clever ideas for reforming the federal budget, including everything from auctioning off visas, to replacing fee-for-service Medicare with lump sum payments to hospitals regardless of the number of services issued, to replacing the mortgage interest deduction with a flat credit?

Those suggestions vary in how much they would reduce the deficit, so to help you sort it through, Hamilton built this awesome graphic that lets you select among the proposals to see how each would affect our debt burden:

Click on the screen cap to dig in.

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Ezra Klein | April 12, 2013