On the recordJanuary 7, 2009
You are going to need additional revenue; 18 percent of GDP won't get the job done, even if you end up making entitlement restructuring and spending constraint effective. The gap is just too great.
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congress.govDavid Walker: “You are going to need additional revenue; 18 percent of GDP won't get the job done, even if you end up making…”
Editor's note · Context
Walker emphasizes the need for increased revenue to address fiscal challenges.
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