Center for American Progress

Idea of the Day: Political Conflict over U.S. Fiscal Policy Is Hurting the Economy

Idea of the Day: Political Conflict over U.S. Fiscal Policy Is Hurting the Economy

The economy most certainly would have grown at a faster rate were it not for the ongoing political brinksmanship over the debt ceiling and the risk of sharp fiscal contraction in the form of the pending automatic “sequestration” budget cuts.

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