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Politics : View from the Center and Left

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From: zax9/25/2018 7:14:03 PM
   of 541610
 
As Debt Rises, the Government Will Soon Spend More on Interest Than on the Military

  • Tax cuts, spending increases and higher interest rates could make it harder to respond to future recessions and deal with other needs.

  • The deficit is expected to total nearly $1 trillion next year — the first time it has been that big since 2012.

  • nytimes.com
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