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Why do all these debt reduction plans talk about 10 year reductions instead of next year?

Jul 20, 2011 by Common Sense | Posted in Politics

5 trillion per year would only cut the debt by a third if you could even believe them.
Say agin. The deficit is 1.7 trillion, not the budget. We are looking at about between 4 -5 trillion next year with the deficit spending.

Making all the cuts happen in one year is the equivalent to taking crack from a crack addict. Bad things will happen.

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