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CBO: Federal Debt Unsustainable

Specifically mentioned for the problem, the current policies of the administration, federal spending, the financial crisis, etc…

During a fiscal crisis budgets MUST be trimmed with market dynamics guiding the recovery.  Its the thing that works.  Revenue’s will continue to fall as taxes increase.  People will simply avoid those behaviors that are taxed.  The more taxes you pay the less you have to spend. 

Fiscal Crisis Document

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