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Tag Archives: stabilization
The Fiscal Cliff: How Much Deficit Reduction is Needed?
Given the emerging fiscal cliff, how much does the federal government need to do to reduce the deficit to stabilize the debt-to-GDP ratio? Conventional wisdom in Washington suggests in order to get the US fiscal house in order we need … Continue reading
Posted in Economy, Government
Tagged debt, debt-to-GDP ratio, deficit, deficits, economy, fiscal cliff, GDP, government, recession, spending cuts, stabilization, tax increases
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