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April 2023

Cato Audio

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The Importance of Addressing the Spending Side of the Budget

Adam Sobel: What would Congress do if it woke up tomorrow and realized the enormity of its problems? He says we don't currently have a revenue problem, we have a spending problem. Sobel: We're spending well beyond historical norms much more than the current tax system can support. The things that Congress should address going forward on the tax side specifically is keeping taxes low, he says.

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