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The A List - Glenn Hubbard: The problem with Obama’s arithmetic |
In contrast with Mitt Romney’s plan, the president’s budget plan does not address medium-term and long-term deficit and debt problems. Taken at face value, the Obama plan will require acceptance of the costs of much higher levels of deficits and debt or substantial tax increases on all Americans. http://link.ft.com/r/A1TNOO/ |
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