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Cato Institute Weighs in on National Debt Crisis
- Nick Dranias
- Sep 28, 2015
- 1 min read
Cato Institute spotlights the dangerously increasing publicly held portion of the national debt in new research. Without even counting the debt held in intergovernmental accounts, the Institute reports: "High and rising debt harms the economy, and it will impose a large burden on future taxpayers. It could lead to a financial crisis, like we have seen in Greece and other nations."
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