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by ethbr1
47 days ago
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The issue with requiring balanced budgets at the federal level is there are a number of situations where, by any economic theory, you want to run deficits. So what you really need is an impartial Fed-budgetary-counterpart arbiter that declares when balanced budget rules are and aren't in effect. And probably toss in what target percent of debt needs to be paid down too. |
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