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Episode 70: The Federal Government is Bankrupt

Words & Numbers

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The Debt Problem

CNN's John Sutter says the federal debt is a problem that needs to be addressed. He suggests cutting government spending by 10% and holding it constant for five years. The deficit would still go up, but at least it wouldn't get any worse, he says. "I'm not predicting at all that we're going to do these things," writes Sutter.

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