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Why Deficits Matter: Testimony Before the U.S. House Budget Committee

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Publication Date: January 2007

Publisher(s): Tax Policy Center

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Economics (Economic theory)

Keywords: Economy; Federal Budgets & Fiscal Policy; Budget Issues; Fiscal future

Type: Report


With rapid increases in entitlement spending just over the horizon, now is the time to get deficits down and national saving up, senior fellow Edward Gramlich told the House Budget Committee.