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Jasper - The Obama-Bush tax cuts were supported by both parties...as was the war. But, these are not the only causes of the deficit. Medicare and Social Security are trillions of dollars underfunded. That is also known as debt...so yes there is bankruptcy. It's nice to pass along theory as fact but fact is fact. You either increase revenues or you cut spending. You could tax more but that will solve little. The Obama-Bush tax cuts are really a small % of the deficit.

by Pelham1861 on Sep 7, 2011 1:05 pm • linkreport

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