How important is it to address our national debt? – with Paul Ryan and Barry Eichengreen
You Might Be Right
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Is the Debt a Brand New Thing?
Both parties like to spend money. They just use different mechanisms to do the same thing, he says. There's nothing to come to an end. We're not going to bring Medicare to an end or Medicaid to an end; it's structural now. And that means they're having to cut something that you care about.
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