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happen the cuts to government spending, that were agreed to during the budget control act that will take place in january, that will lead to the economy declining by 1.3 percent. stuart: the democrats are saying you get over this by raising taxes on the rip, the republicans say, you get over this by cutting spending. who do you think is right? guest: well be when you look at this like a doctor looks, this is a symptom of a problem, the debt is not, the debt would not be there if not for spending. you look at the source of the problem and the problem is everspending. we have spent more than $1 trillion over the past three years, and we will be paying $1.5 trillion offer the course of five years and just to service our debt. it is clear that this problem starts with spending. stuart: president obama has said he has shown fiscal restraint. your comment? guest: well, i m a ranch girl and i have shoveled a lot b.s. out of barns over the

The world economyBudget control actGovernment spending1 3All of the above1 trillion5 trillion1 5 trillionPresident obamaBranch girl