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TABLE OF CONTENTS

.............................................Statement of Constitutional and Legal Authority

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4.......................................................................................................Introduction

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5............................................................................................................Summary

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7.....................................................................................The Debt Crisis Ahead

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13....................................................................................Opportunity Expanded

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19.................................................................................Safety Net Strengthened

27.........................................................................................Retirement Secured

37............................................................................................Fairness Restored

47......................................................................................... A Nation Protected

61........................................................................... A Budget Process Reformed

65..................................................................... A Responsible, Balanced Budget

71........................................................................... Appendix I: Summary Tables

75...................................... Appendix II: Economic Beneﬁts of Deﬁcit Reduction

85............................................................................. Appendix III: Reconciliation

House Budget Committee | March 2013

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