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Notable Quote
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"President Biden's FY 2024 budget promises to reduce future deficits by $2.8 trillion over the next 10 years. That's a big number. It is not enough, however, to prevent the debt from climbing to a record 110 percent of GDP in 2033, up from 98 percent this year and more than twice its average over the past 50 years.It is also not enough to prevent interest on the debt from doubling over the next 10…[more]
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