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Dr. de Rugy's Prescription for a Balanced Budget

In today's CFALive Podcast, nationally-known economist and fiscal policy expert Dr. Veronique de Rugy of George Mason University's Mercatus Center talks about what it would take to balance the federal budget.

Her prescription underscores the need for constitutional reform to spark the needed reforms.

Without a constitutional limit on federal borrowing, DC has no reason to plan ahead much less make the hard choices that need to be made-until the system crashes.

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