In fact, in looking around the world, and there is a recent report by Alberto Alesina of Harvard University showing that the most successful and pro-growth test of reduction took place in countries that relied chiefly on austerity programs, spending cuts.
Rob Portman: “In fact, in looking around the world, and there is a recent report by Alberto Alesina of Harvard University showing that…”
Editor's note · Context
Portman cites a study indicating austerity programs are more effective than tax increases for economic growth.
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