Government Policy Reform Needed to Keep Spending Low and End Deficits Without Raising Taxes
Bold, transformational reforms are needed to solve America's spending and debt crises. The Heritage plan, Saving the American Dream, solves these crises through spending, entitlement, and tax reforms. It reduces the size of government, encourages personal fiscal responsibility, and fosters economic growth. It balances the federal budget by 2021 and does not raise taxes.
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REVENUE AND SPENDING AS A PERCENTAGE OF GDP
Sources: Heritage Foundation calculations by the Center for Data Analysis based current projections, data provided by the Peter G. Peterson Foundation, and CDA policy models.