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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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