Friday, November 16, 2012

Think Tanks Commissioned to Reduce US Deficit

Here is what the Washington Post reports:
For all the hand-wringing over the deficit, there still aren’t that many new deficit-reduction plans out there: the Ryan budget, Obama’s budget, and Simpson-Bowles remain the basic guideposts in the debate. To broaden the horizon of possibilities, the Peterson Foundation commissioned five think-tanks to come up with their own plans for reducing the deficit over 10 and 25 years: the Center for American Progress and the Economic Policy Institute on the left; the American Action Forum and the Heritage Foundation on the right; and the Bipartisan Policy Center in the middle.
At the link above, you can view a comparison of how the five think tanks would reduce the deficit in two charts.

Mother Jones has a similar article on the study.