Is it fair to say that we have been moving this annual deficit down every year? It has been on the right glidepath--down. If we have a change in the T-bill rates, this effort to keep moving the deficit down will quickly reverse because we pay interest.
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Just assuming the private sector is going to absorb all this is not realistic.
They argue this tax protects energy security, yet it increases reliance on foreign adversaries. If we are serious about energy security, affordability, and economic growth, we must repeal the natural gas tax. H.J. Res. 35 is a commonsense…
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