Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom

America’s Fiscal Crisis Is Excessive Government, not Rising Debt

In this CF&P Foundation video entitled, "Deficits are Bad, but the Real Problem is Spending," Dan Mitchell of the Cato Institute explains that huge deficits and skyrocketing debt are rightly causing worry, but these are merely symptoms of the real problem of excessive government spending. "Fiscal responsibility is lacking in Washington.

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