Townhall
By Larry Kudlow
Here’s some friendly fiscal advice: Any time some Washington big shot like Ben Bernanke or Tim Geithner claims that immediate spending cuts in the debt deal will harm the economy—ignore them. Completely. You know why? Because in this great country of ours, spending never goes down. Never.
Take a look at the chart below.
The blue line you see is President Obama's budget. The green line is Congressman Paul Ryan's budget.
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