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Editorial: The Billion-Dollar Risk Hidden In The Federal Budget

3 June 2014 5 views No Comment

“Congress has many ways to achieve its many purposes. The transparent way is to enact a program and pay for it annually out of general revenues or borrowing. The politically easier but less transparent method is to go ‘off-budget,’ via government loans and credit guarantees. Guess which lawmakers prefer?” The Washington Post says in an editorial.


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