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Peterson Solutions Initiative II Lowering Debt Held by the Public

Created on November 16, 2012

Peterson Solutions Initiative II Lowering Debt Held by the Public

PROJECTED DEBT HELD BY THE PUBLIC IN 2037 AS A PERCENTAGE OF GDP

The Heritage Foundation’s plan to fix the debt, cut spending, and restore prosperity, “Saving the American Dream,” would lower U.S. debt held by the public to 28 percent of GDP in 25 years—far below levels reached by four other policy institutions’ plans.

The Heritage Foundation 28%

American Action Forum 40.1%

Center for American Progress 40.4%

Bipartisan Policy Center 64.8%

Economic Policy Institute 66.3%

Source: Peter G. Peterson Foundation, “The Fiscal Cliff and Beyond: The Solutions Initiative II,” November 2012, p. 4, http://www.pgpf.org/fiscalcliff/solutionsinitiative (accessed November 16, 2012).

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