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Administration’s Deficit Reduction Panel’s Recommendations

Todd Harrison believes that [the commission co-chairs] intended this draft release as a starting point for a discussion. “If you look at what they did beyond defense spending, about $400 bln. in total  savings in the year 2015 to help reduce the deficit. And it is split almost  equally between defense, non-defense discretionary, mandatory and tax revenue. So they really spread this around,” he pointed out.