Michael Franc - In the short run, you have to have higher taxes...

A quote found at theysaidso.com

In the short run, you have to have higher taxes to pay for it. Or in the long run, you run up a larger debt and at some point, the debt becomes large enough that it requires tax increases to pay off the debt. No matter how you look at the trend lines, you can't grow your way out of it.

Michael Franc

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