The GOP has released a more detailed federal budget proposal. Mounting deficits in that one, too ($6 trillion in borrowing over 10 years).  Yes, those deficits are smaller than Obama’s, but to accomplish that the government would have to slash health and welfare programs in a way it didn’t when the GOP was in charge and end stimulus spending.

Are deficits a given as we climb out from this hole? The two major parties seem to think so. How about you?

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