Talking Up a Turndown

March 1979
National Review;3/2/1979, Vol. 31 Issue 9, p278
The article reports on the United States' Congress reaction towards the proposed federal budget deficit. A 29 billion dollars budget deficit proposed by the United States president resulted to opposing reactions from the Democrats of the House Budget Committee. The congressional budget process sets the deficit according to the economic situation. In a forecasted economic downturn results to larger budget deficit that is needed to fight recession.


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