Friday, January 21, 2011

Give Me $1 Billion to Cut the Budget Deficit

"I have a plan to reduce the budget deficit.  The essence of the plan is the federal government writing me a check for $1 billion.  The plan will be financed by $3 billion of tax increases.  According to my back-of-the envelope calculations, giving me that $1 billion will reduce the budget deficit by $2 billion."

Greg Mankiw's Blog: Give me $1 billion to cut the budget deficit

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