Chapter 1: 1981–98: Balancing the Budget: What Have We Learned? Next Chapter

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1981–98: Balancing the Budget: What Have We Learned?
1981–98: Balancing the budget: What have we learned?

DEFICITS WERE A CHARACTERISTIC of U.S. budgeting for many years. As long as they were moderate in size, they caused no particular alarm or embarrassment, but major tax breaks, a deep recession, and a defense ...

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