The Heritage Plan Would Reverse Trajectory of Unsustainable Debt

The Heritage Plan Would Reverse Trajectory of Unsustainable Debt

Everyone wants to know more about the budget and here is some key information with a chart from the Heritage Foundation and a video from the Cato Institute.

Without significant spending reforms, the national debt is projected to reach 185 percent of GDP by 2035. Under the Heritage plan, federal spending would be reduced by about half, which would dramatically lower the debt to 30 percent.

PUBLICLY HELD DEBT AS A PERCENTAGE OF GDP

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