CRFB's New Online Budget Simulator

By :: June 26th, 2014

Neither Congress nor the White House seem to care much about the budget deficit these days, but if you do, the Committee for a Responsible Federal Budget has created an updated online budget simulator that lets you try to get a handle on fiscal policy.

The goal of this online game is to stabilize the debt at 60% of Gross Domestic Product by 2024. It isn’t exactly shooting zombies, but it is a challenge all its own. To get to the 60 percent of GDP target, you need to reduce the current fiscal trajectory by 4.8 trillion over the next 10 years.

You get to cut (or increase) spending, or raise (or cut) taxes. You can work your way through dozens of options, and at the end, the simulator will add up your choices and let you know how close you got to the goal.

Give it a try.

5Comments

  1. Michael Bindner  ::  3:14 am on June 27th, 2014:

    This will likely be fun, although I expect my particular proposals (a VAT, a Net Business Receipts Tax and a high income surtax on wages, non-wage income and sales of inherited assets) likely won’t be found as options.

  2. Michael Bindner  ::  3:26 am on June 27th, 2014:

    update – yes it was fun and no it did not have all the optons I would have done.

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