The USA has a fiscal crisis, in part, because total taxes collected has collapsed with the economy (with the loss of jobs) but also because the government spending has rapidly accelerated under the Bush and Obama administrations.
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How to Fix the USA-Part 2: Cutting Government…
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The USA has a fiscal crisis, in part, because total taxes collected has collapsed with the economy (with the loss of jobs) but also because the government spending has rapidly accelerated under the Bush and Obama administrations.