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The Congressional Budget Office projects that if we keep spending the way we have been, federal debt held by the public will grow from around 60 percent of GDP to a whopping 82 percent of GDP over the next decade, with no end in sight. That’s the sort of borrowing that can ruin a country’s economy. Conservative Republicans are happy to talk about cutting spending on the poor, education, and cowboy… Broadcasting platform : YouTube Source : Reason Magazine – Hit & Run Discovery Date : 10/01/2012 17:36 Number of articles : 2
