How important is it to address our national debt? – with Paul Ryan and Barry Eichengreen
You Might Be Right
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The National Debt and the National Deficit
"It's fun to spend money and much more pleasant than actually figuring out how to pay for it," Obama says. "The thing which, to me, is scary about where we are now is it's structured in a way that makes it very difficult to fix" The U.S. runs huge deficits because our tax revenues are just lower than what we spend,. It's something I know bothers a lot of people; it's also hard to fix."
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