The Obama debt panel’s vision in one chart

December 1, 2010

As you can see from the chart below, this plan — if you exclude interest savings — actually depends quite a bit on revenue as opposed to spending cuts — 45 percent to 55 percent. The UK austerity plan is more like 3-to-1 spending over tax increases. Of course, when healthcare is basically off limits, it kind of limits your options:

debtchart2

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