Discretionary Spending
Function 370 - Commerce and Housing Credit
Eliminate the International Trade Administration's Trade Promotion Activities
CBO periodically issues a compendium of policy options (called Options for Reducing the Deficit) covering a broad range of issues, as well as separate reports that include options for changing federal tax and spending policies in particular areas. This option appears in one of those publications. The options are derived from many sources and reflect a range of possibilities. For each option, CBO presents an estimate of its effects on the budget but makes no recommendations. Inclusion or exclusion of any particular option does not imply an endorsement or rejection by CBO.
| Billions of dollars | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2015-2019 | 2015-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Change in Spending | |||||||||||||
| Budget authority | 0 | -0.3 | -0.4 | -0.4 | -0.4 | -0.4 | -0.4 | -0.4 | -0.4 | -0.4 | -1.4 | -3.5 | |
| Outlays | 0 | -0.3 | -0.3 | -0.4 | -0.4 | -0.4 | -0.4 | -0.4 | -0.4 | -0.4 | -1.4 | -3.4 | |
Note: This option would take effect in October 2015. Estimates are relative to CBO’s August 2014 baseline projections.
The International Trade Administration (ITA) within the Department of Commerce provides support to U.S. businesses selling their goods and services abroad. ITA is one of several federal agencies that engage in trade development and promotion; it receives the largest discretionary appropriations for that purpose. This option would eliminate ITA’s trade promotion activities.