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If America fails to deal with its long-term fiscal problem in sensible ways that spur economic growth and strengthen the economy, the poor will ultimately take the biggest hit. Thus, any conversation about spending, program reform, and tax policy has to be seen in this context: not as an accounting measure, but as a dynamic economic issue that will have consequences for the jobs and income of the poor as well as for the effectiveness of programs. Our focus should therefore be on reforming or ending programs that have failed, both for the poor and for other Americans.

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