WOLF BLITZER: Let's discuss this and more with Peter Orszag. He's the director of the Office of Management and Budget.
Thanks very much for coming in, Peter.
PETER ORSZAG, DIRECTOR, OFFICE OF MANAGEMENT AND BUDGET: Good to be here, Wolf.
BLITZER: Trillion-dollar plus deficits as far as the eye can see? That's going to cause enormous long-term damage to average folks. Explain why you're so...
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