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RCR Wireless News, January, 2007
Byline: Jeffrey Silva An odd thing is going on in Washington policymaking circles. Folks are beginning to talk again about the budget, specifically about erasing the deficit and how the situation could woefully worsen if lawmakers stay the course. President Bush, who entered office with a sizable budget surplus that quickly evaporated after 9/11, has proposed balancing the budget by 2012.
The budget imbalance can be corrected, according to Bush, if Congress stops spending taxpayer dollars on pet pork projects buried in fatty bills and report language. It is much less an idealistic budget policy matter for Fed Reserve Chairman Ben Bernanke, who foresees a budget Katrina if lawmakers fail to reform Social Security and Medicare by the time baby...
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