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Nighttime Must-Read: James Pethokoukis: The Disappointing Unseriousness of the House GOP's Budget - Washington Center for Equitable Growth
The big economic danger… is chronic slow growth from having to sharply raise taxes if we don’t restructure entitlements in a way that promotes savings and work… along with trimming tax breaks for the wealthy. If there is a good economic reason for actually paying off the national debt–much less making it a key goal–I am unaware of it.
