By 2050, the government will be collecting that same 20 percent, but spending 45 percent--our deficits will only get worse from there.
Mike Quigley: “By 2050, the government will be collecting that same 20 percent, but spending 45 percent--our deficits will only get…”
On the recordMarch 29, 2011
Source
congress.govEditor's note · Context
He warns about increasing deficits due to projected spending and revenue imbalances.
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