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SUMMARY OF TENTATIVE •FREEZE PLUS•. SPENDING REDUCTION PLAN <br />(SEE NOTE BELOW) <br />Proposal 1986 1987 1988 <br />Budget Plan Targets_ <br />1) <br />Deficit Share of GNP ............so........... <br />4.0% <br />3.0% <br />2.0E <br />2) <br />Deficit Target Ceiling ...................... <br />$170' <br />$138• <br />$99• <br />3) <br />Spending Cut Needed to Hit Deficit Targets,... <br />-42 <br />-85 <br />-110 <br />Summary of Savings Proposals <br />Direct Freezes or Freeze Equivalents <br />1) <br />Cast -of -Living Adjustment Except Social Security <br />-2.6 <br />•4.6 <br />-6.0 <br />2) <br />Discretionary Programs: Budget Authority Freezes <br />-3.0 <br />•3.9 <br />-4.6 <br />3) <br />Medicare/Medicaid Mostly Provider Freezes .... <br />-3.8 <br />-8.3 <br />-14.2 <br />4) Subtotal, Freezes.............. .s.......... . <br />-9.4 <br />-16.8 <br />•24. <br />Major Program Reforms <br />5) <br />5% Civilian Pay Cut ......................... <br />-2.6 <br />•3.0 <br />•0.7 <br />.3.2 <br />•0.8 <br />6) <br />Child Nutrition: Upper Income Subsidy sees... <br />-0.7 <br />•00 <br />•0.8 <br />7) <br />Civil Service Retirement ..................... <br />-0.3 <br />-0.3 <br />•1.1 <br />-1.2 <br />8) <br />Student Aid Reform ....................:.sees <br />•0s3 <br />•0:7 <br />•+.'0 <br />9) <br />Navigation User Fees .......................: <br />••• <br />•0.4 <br />10) <br />VA Medical Care System .....sees, s000ss <br />-•• <br />A.2 <br />•0s5 <br />-0.5 <br />11) <br />REA Subsidized Loans ....... I .... I ... ......... <br />12) <br />Power Marketing Administrations: Debt Repay- <br />ment Reform (Grace Commission) .........s..e.s <br />-0.5 <br />•0.5 <br />•0.5 <br />•6.7 <br />13) <br />Farm Price Support Reform ........ $.....$..e.4 <br />•1.2 <br />•5.9 <br />14) <br />Mineral Receipt Share with States: Net Profit <br />15) <br />Sharing......................... e.......s... <br />SubsigizedFarmCredit Reform ................ <br />•0.4 <br />-2.5 <br />•0.4 <br />-2.9 <br />.A 4 <br />16) <br />Mousing Guarantee Origination Fees ........... <br />-1.0 <br />•1.0 <br />•3.1 <br />17) <br />Grace Commission User Fees ..............sse.. <br />-1s0 <br />•1 S <br />s <br />18) Subtotal, Major Reforms ...........see..e. •11.0 <br />-18.6 <br />•21. <br />Program Terminations <br />19) <br />Impact Aid Part B .1................e......... <br />•0.1 <br />•0.1 <br />.0.1 <br />.0.6 <br />-0e1 <br />-0.7 <br />20) <br />Job Corps..........................e...s..... <br />•0.2 <br />-0.3 <br />•0e3 <br />21) <br />22) <br />WIN.......................................s.s <br />Legal and Community Services ............sees. <br />•0.5 <br />•0.7 <br />-0.7 <br />23) <br />Civilian Aeronautical R&D ........s.....s..s.s <br />•0.3 <br />•0.3 <br />-0. + <br />Note: All dollar figures are in billions. The deficit target ceiling is the Administration's <br />goal -- the deficit figure they would like to achieve. Program reforms are reductions <br />which would require authorizing legislation by the Congress. Program termination are <br />complete eliminations of programs, some over one year, others over a two or three year time <br />span. <br />