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Should We Cancel the National Debt? Moore, director of fiscal policy studies at the Cato Institute, discussed some problems inherent in paying off the existing national debt.
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Sub-National Debt It is hard to escape the conclusion that debt repayment problems of sub-national governments are more a. function of unwillingness rather than inability
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THE NATIONAL DEBT To conceal the true size of the debt problem, the Federal Government has been returning less money to the states, forcing the states to borrow to meet
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