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Do Debt and Deficits Matter? It Depends on Who's Minding U.S. Fiscal Policy
The Congressional Budget Office recently revised its earlier, already dire warning that the national debt will be 150% larger than the entire U.S. economy within 30 years — proposed GOP budget and tax legislation could make a bad situation much worse. CQ News editors Patrick B. Pexton and Pete Cohn discuss the political landscape of debt and deficits heading into what could be a fateful midterm election.
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The skinny
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