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CBO periodically publishes a reference volume, often referred to as “Budget Options,” that includes dozens of policy options to reduce federal budget deficits. Those options are derived from a broad spectrum of sources and represent a range of ways to reduce spending or increase revenues. The options are illustrative, and CBO’s reports do not make recommendations. CBO also prepares analytic reports that examine specific federal programs, aspects of the tax code, and budgetary and economic challenges. Most of these reports present a set of options for changes in the programs or tax rules being examined. A list of some recent reports with options related to this topic is below. Visit CBO’s Reports with Policy Options page for a list of all recent reports with policy options.

  • Report

    Scanning and Imaging Shipping Containers Overseas: Costs and Alternatives

    June 2, 2016

    Scanning and imaging all U.S.-bound shipping containers at overseas ports would cost $12 billion to $32 billion over 10 years, CBO estimates. Boosting the number of containers imaged at U.S. ports instead would cost considerably less.

  • Report

    Federal Reinsurance for Terrorism Risk: An Update

    January 6, 2015

    The federal program that provides insurance against the risk of terrorism expired at the end of 2014. CBO has examined various options for the program and their likely effects on the private sector and on the federal government.