Reid’s bill would shave less than 2 percent from deficits projected to top $9 trillion over the next decade. And it would make only “small reductions” after that, the CBO said — about 0.25 percent of GDP — to deficits projected to balloon to roughly 14 percent of the economy by 2035. “The hope that health-care reform would take care of our budget problem has evaporated,” said Isabel Sawhill, a fiscal expert at the Brookings Institution.