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> AEI: Unlike Obama Claims, Debt Limit Historically Paired With Reforms
AEI: Unlike Obama Claims, Debt Limit Historically Paired With Reforms
Fri, October, 11, 2013
President Obama says the debt limit has never been used to make negotiations, yet historically this is inaccurate. The debt limit has been changed 53 times since 1978, and 27 of these times it was paired with additional legislative reforms, said Abby McCloskey, program director of economic policy at the American Enterprise Institute.
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