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Borrowing equates to interest paid and is compounded over time. Can budgets avoid borrowing to make ends meet or should the expectations be lowered consistent with revenue levels? Why not apply the same standard with the federal government? Can we truly work within a balanced budget on the federal level?

Borrowing equates to interest paid and is compounded over time. Can budgets avoid borrowing to make ends meet or should the expectations be lowered consistent with revenue levels?

Why not apply the same standard with the federal government? Can we truly work within a balanced budget on the federal level?





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