“(1) The Facts about Spending Cuts the Debt and Gross Domestic Product”

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(1)Veronique de Rugy a senior research fellow at the Mercatus Center at George Mason University discusses the facts and myths surrounding spending cuts the debt and gross domestic product (GDP).(2)Myth 1: You cannot reduce the deficit to an appropriate level without also raising taxes.(3)Source: Veronique de Rugy The Facts about Spending Cuts the Debt and the GDP Reason Magazine July 29 2011.(4)For text: