Does the proposed budget put the government on a path to reduce the federal debt within a decade to a sustainable percentage of GDP?

Assignment 1: policy brief | PAD 505 – Public Budgeting and Finance | Strayer University

No, the proposed budget does not put the government on a path to reduce the federal debt within a decade to a sustainable percentage of GDP. While some progress is expected in reducing debt under this plan, it does not outline clear mechanisms for reaching and sustaining an acceptable level of debt-to-GDP ratio over time.

The current projected deficit figures are also concerning – if spending continues at or above current levels throughout 2021, it could mean that much greater effort will be necessary in order to reach sustainability down the line.