Spending Cuts vs Borrowing: Fixing the Debt Limit | Sunday Extra
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Confronting the National Debt: A Call for Fiscal Responsibility
This chapter examines the challenges of the U.S. national debt and the reliance on borrowing to fund expenditures, advocating for fiscal responsibility through mechanisms like pay-as-you-go rules. It stresses the need for reforms in major programs and the risks of political inaction on economic stability and national security.
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Transcript
