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Budget office: Tax hikes, budget cuts could earn recession

Source: Los Angeles Times

admin//May 24, 2012

Budget office: Tax hikes, budget cuts could earn recession

Source: Los Angeles Times

admin//May 24, 2012

The Congressional Budget Office warned that the country could be thrown into a recession if Congress tries to reduce the nation’s deficit quickly with a combination of budget cuts and higher taxes scheduled to take place at the end of the year.

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