This Blueprint is a comprehensive, detailed roadmap to immediate investments in job creation while addressing the nation's long-run fiscal challenges. The Blueprint takes a very different approach from other prominent proposals, specifically prioritizing a strong economic recovery because widespread job creation and robust economic growth are essential to successful deficit reduction.
The plan will produce the following short- and long-term results:
•Substantial and sustained increased funding for job creation and investments, especially in the near term;
•A budget path that significantly improves the 10-year budget outlook;
•A transition from a primary deficit to a primary surplus in 2018, and sustainable debt levels by the end of the decade;
•An improvement in the long-term path for public debt, stabilizing debt as a share of the economy beyond 2025;
•A solid footing for Social Security, Medicare, and Medicaid for the long term; and
•A modernized tax code that raises adequate revenue fairly and efficiently.