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Would Senator Kerry's Budget Really Reduce the Deficit?

Democratic presidential candidate John Kerry's promise that, ifelected, he will halve the budget deficit by 2008 ignores the mountain of impending entitlement spending that, if leftunreformed, will dwarf any achievable savings. His ambitiousspending plans would also require a $2,090 per household taxincrease in order to fulfill his deficit-reduction pledge. ....

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