Macro Musings with David Beckworth cover image

Brian Riedl on the Current and Future Outlook for US Public Finance and Budget Reform

Macro Musings with David Beckworth

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The Debt Crisis: Who's Responsible?

The $116 trillion is a terrifying number when you look at it. LBJ and Nixon get the most blame for long-term debt, he says. Social Security, Medicare, and Medicaid have been the biggest long-term drivers of deficits,.

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