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All that needs done is nothing
Ten years ago the political system enacted a law to lower taxes and raise expenses. The law carried an expiration date of the end of this year.
Without intervention the nation’s budget benefits from increased revenues and decreased expenses. Application of the net gain to current debt and deficit reduces the interest cost on public borrowings. Savings from lower interest costs offer a real opportunity to lower taxes. Every citizen becomes a beneficiary of a stronger dollar, less inflation and lower prices.
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