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The U.S. Debt – are the “unfunded wars” to blame?

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The U.S. Debt – are the “unfunded wa...

“The ‘unfunded wars’ [of recent history] have driven up the debt.” This argument points to recent military conflicts that were not accompanied by tax increases as the source of the United States’ financial problems. A careful analysis of all spending and receipts, however, shows these conflicts are responsible for, at most, 15% of the national debt. Learn where the money is really spent in Chapter 3......

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