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Candidates' Tax and Spend Proposals Would Dig Deficit Hole Deeper
October 29, 2008The fiscal imbalances within the government and a dramatically rising federal debt are key issues the next president will need to address. Even under the most optimistic economic growth assumptions, revenues will not keep up with spending increases resulting from health care and entitlement growth. Sen. McCain and Sen. Obama bring different approaches and tax philosophies to the table -- but are either proposing to make the hard choices and tradeoffs that will dig the U.S. out of its debt and deficit crisis? Full release.
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