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106: WaPo Economics Columnist Catherine Rampell

The Al Franken Podcast

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The Trump Tax Cut and the Debt Crisis

The amount of debt that Trump signed into law before COVID hit is like $4.7 trillion, about half of which is new spending. The last time that's what happened in 2011, right? They went to the thing and they said, Nope. We're going to go over the cliff unless you accept the sequester,. Unless you accept these cuts, right? Yes. That's exactly right. And that's what they wanted to do this time and they want to use.

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