Can We Cut Deficits Without Killing the Recovery?

By Robert Samuelson - February 7, 2013

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WASHINGTON -- At the core of Washington's exasperating budget debate lies a confusing disconnect. On the one hand, we're urged to reduce huge and endless budget deficits, which are said to threaten a future financial crisis. The Congressional Budget Office's latest projections -- released this week -- envision $7 trillion worth of deficits over the next decade, a figure that could, under...

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