Austerity isn't the answer, data suggest

07/17/2014 | Center for American Progress

Data from the Congressional Budget Office show that the national debt will remain stable in the medium-term and fall in years to come. That suggests that "Congress has severely damaged the economy with deep spending cuts in a misguided attempt to solve a short-term debt crisis that simply does not exist," write Harry Stein and Adam Hersh.

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Center for American Progress

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