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These brief essays delve into the economic issues of the day for a generally informed readership.

2011, No. 20 (Posted 2011-07-07)

The Federal Debt: Too Little Revenue or Too Much Spending

by Daniel L. Thornton and Kevin L. Kliesen

The rise in the national debt... is entirely a consequence of the federal government’s increase of expenditures without an offsetting increase in revenues.

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