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See That Light? Train Coming. Might It Be Wise To Get Off These Tracks Now?
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The Congressional Budget Office says that allowing the Bush tax cuts to expire -- in effect, a massive tax hike -- accompanied by proposed spending cuts would take $607 billion out of the economy next year and plunge us back into a recession, at least briefly, before growth resumes. Can we afford that? Is that an inevitability? (Washington Post)
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