What will it take to reduce the U.S. deficit?
Do we need higher taxes, less spending, or both? John Fox joins Jim Blasingame to explain why reducing the deficit depends on Congress making hard decisions to both increase revenue and reduce spending.
Category:
Economy: Nation, Global, Government, Politics
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John Fox joins Jim Blasingame to reveal his long-held views that the best way to reform the tax code and lower taxes is to eliminate most of the classic deductions held-over from the 20th century.
