On the recordFebruary 12, 2013
if we were to replace the sequester in a balanced way, you would add 0.6 percent to growth
Source
congress.govif we were to replace the sequester in a balanced way, you would add 0.6 percent to growth
Arguing that replacing the sequester would boost economic growth significantly.
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Massive borrowing by the Treasury and monetary financing of deficits by the Federal Reserve created 40-year high inflation and imposed a hidden but heavy tax on the American people.
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