Could I ask who's calling? http://imagefap.in.net imagefab.com As the CBPP analysis explains, policy changes since the late fall of 2010 – when the co-chairs of the president's Bowles-Simpson commission first outlined the need for several trillion dollars of deficit reduction, have significantly reduced future deficits and debt. Non-policy changes, such as better economic conditions and slower than expected growth in health care costs, have also improved the budget outlook since 2010.