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Federal debt may be forgotten, but it's far from gone

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Debates over reining in the federal debt are so 2011. President Obama barely mentioned the issue in his State of the Union address, and Republicans have downplayed it as well, searching for a more optimistic message than one of impending fiscal doom. In her cheerful response to Obama, Rep. Cathy McMorris Rodgers, R-Wash., didn't use the word “debt” or “deficit” even once. Though the federal...

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