Deficit reduction

Deficit Reduction: A Primer

04/12/2011
Editorial

We are relieved that congressional Republicans and the Obama administration were able to avert a government shutdown last week that would have hurt the U.S. economy and disrupted countless services. But there was something deeply disturbing about the process that led the nation to the brink of a shutdown — a politics-plagued process that is only likely to accelerate as Congress turns next to the issues of raising the nation's debt limit and next year’s federal budget.

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