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National Debt
See also: Federal Budget, Economic Policy

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No Ceiling and the Sky Is Falling
Chairman, Americans for Limited Government

THE IRONY of the United States’ current financial situation is that it would be absolutely impossible for any business or private citizen to ever wind up in such dire straits. It literally couldn’t happen, as there are far too many safeguards that would kick in to prevent the sort of uncontrolled, addictive descent into unprecedented debt (and deficit spending) that we currently see gripping Washington D.C.


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