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August 30, 2011 by
CBO Says No Deficit Problem

 Berkley economist Brad Delong has repeatedly said that "It is a fact that if congress simply goes home--doesn't do anything for the next 10 years except keep the federal government on autopilot--that we do not have a long run deficit problem." While this may sound counter-intuitive, especially given the recent media hype sorrounding raising the…

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