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Budget Bleakness

July 11, 2010

I am not a deficit hawk, but am fairly knowledgeable on federal budget issues. This bipartisan report on the  looming budget deficit crisis facing the United States would chill the marrow of even Paul Krugman. The 3/1 budget cut/tax increase formula makes a lot of sense to me. Who does former Republican Senator Alan Simpson say stands in the way? Republicans from the House and Senate focused only on screwing Obama.

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