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Transcripts For CSPAN2 Prime Ministers Questions 20090722

be the job situation, assuming hat congress@@@@@ @ @ @ @ @ g)r if the fiscal stimulus package didn t exist we d anticipate there would be higher unemployment. you re not on the same page. the stimulus package is already done. i m talking about the fact for every dollar that this congress is spending, we re borrowing 50%. and some people talking about stimulus 2, would that alter your job prediction down the road? down the road it, might. as i talked in my testimony, i think it s very important to look at medium term fiscal stability. we have a plan for getting back to reasonably low deficits and a sustainable debt to g.d.p. ratio otherwise we might see interest rates rise which would be negative for the economy. what you re saying $2 trillion deficits a year for the next four, five years is not a sustainable no, sir, it s not. thank you. mr. chairman, thank you very much for being here. i read over the weekend that the unemployment rate in california is abov

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