Dialing for Deficits

January 1982
National Review;1/22/1982, Vol. 34 Issue 1, p15
The article discusses the issue of budget deficits in the U.S. The Republican Party in the U.S. is concerned about the big budget deficits that David Stockman, director of the U.S. Office of Management and Budget, has forecast for coming years. He has forecast $109 billion in this fiscal year. Congressman Jack Kemp that, according to Congressional Budget Office estimates, a single percentage point rise in the annual rate of real economic growth would reduce the fiscal 1986 deficit by $66 billion.


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