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The Four Causes of the Huge Deficit

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What Are the Four Causes?

  1. The biggest cause: Reduced tax payments
  2. Second: Automatic increases in unemployment insurance and food stamps, and people starting social security early because they can't find jobs.
  3. Military spending also increased, but is now fading.
  4. Bush's TARP and Obama's Jobs Stimulus (top layer) account for little of the deficit, and they are temporary.
  • The deficit is from the safety-net helping the poor and the unemployed in a terrible recession, and helping all of us (including businesses!) with lower taxes.

Now find out: Is the federal government growing?