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A Conservative Group Just Made a Great Argument for Government Spending

I know. It’s hard right now to take your eyes of Donald Trump's exploding oil tanker of a presidential campaign. Now may not seem like the time to argue about fiscal policy, as we might in a normal election cycle. But at some point Americans will have to go back to arguing about things like taxing and spending. And when it comes to that topic, this week marked a small but fascinating milestone in the world of Washington policy thinking, as one well-known conservative think tank essentially abandoned one of the oldest arguments for why governments shouldn't run budget deficits.
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