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Philip Klein: CBO report settles budget debate in conservatives' favor

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Even as circumstances change, most budget battles boil down to the following dynamic: Liberals push to raise taxes and cut defense spending, while conservatives argue that entitlements are the true driver of the nation's deficits. A new report by the Congressional Budget Office settles the debate, unequivocally, in conservatives' favor. Taking into account the flood of new tax revenue from the...

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