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Republican Leader John Boehner

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  • Commentary posted April 17, 2014 by Stephen Moore Who Shrank the Deficit?

    A budget deficit of nearly half a trillion dollars is hardly something to cheer about, but the big decline in federal red ink as a share of our national output has been a stunning achievement. The new April budget update from the Congressional Budget Office tells us that, in 2009, Barack Obama and the Democrats rang up an elephantine $1.3 trillion deficit, which amounted…

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