Obama’s Budget Worsens Debt Problem, but The Heritage Plan Solves It

Obama’s Budget Worsens Debt Problem, but The Heritage Plan Solves It

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.

Spending in the President’s budget proposal for 2012 would drive the debt to 87 percent of the economy by 2021. In contrast, Saving the American Dream: The Heritage Plan to Fix the Debt, Cut Spending, and Restore Prosperity solves the debt problem through strong budget reforms, lowering debt to 58 percent of GDP in just 10 years.

DEBT AS A PERCENTAGE OF GDP

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Obama's Budget Worsens Debt Problem, but The Heritage Plan Solves It

Source: President’s Budget: Congressional Budget Office and White House Office of Management and Budget; Heritage Plan: Calculations by the Center for Data Analysis based on current projections, data provided by the Peter G. Peterson Foundation, and CDA policy models.

Chart 23 of 42

In Depth

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