On the recordMarch 12, 2014
What little deficit reduction we have seen has been, by a factor of 9-to-1, due more to increased taxes than reductions in spending.
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congress.govOrrin Hatch: “What little deficit reduction we have seen has been, by a factor of 9-to-1, due more to increased taxes than reductions…”
Editor's note · Context
Hatch points out that tax increases contributed more to deficit reduction than spending cuts.
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