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STIMULUS SPENDING IS NEEDED, BUT LONG-TERM DEBT IS A PROBLEM.
- Source :
-
Kiplinger Personal Finance . Jul2020, Vol. 74 Issue 7, p11-11. 1p. 1 Color Photograph. - Publication Year :
- 2020
-
Abstract
- AHEAD INTERVIEW Maya MacGuineas is president of the Committee for a Responsible Federal Budget, a nonpartisan, nonprofit organization. We had an economic boom, but it was financed by tax cuts and spending increases that weren't offset to reduce future deficits, which would translate into lower growth in the long term. [Extracted from the article]
- Subjects :
- *LONG-term debt
*COVID-19 pandemic
*FEDERAL budgets
*TAXATION
*ECONOMIC expansion
Subjects
Details
- Language :
- English
- ISSN :
- 15289729
- Volume :
- 74
- Issue :
- 7
- Database :
- Academic Search Index
- Journal :
- Kiplinger Personal Finance
- Publication Type :
- Periodical
- Accession number :
- 143537536