The amount of the deficit is set by the spending. That is in Congress. It is set by the taxes. That is set by Congress.
Brad Sherman: “The amount of the deficit is set by the spending. That is in Congress. It is set by the taxes. That is set by Congress.”
On the recordFebruary 14, 2017
Source
congress.govEditor's note · Context
Sherman emphasizes that Congress controls deficit spending and taxes, not the Federal Reserve.
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