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6/25/10

US deficit unsustainable: Pete Peterson and the US Deficit - by DAVID LEONHARDT

Some commentators have vilified Peter Peterson, the investor and former Commerce secretary, for raising alarms about the deficit. They argue that Mr. Peterson is really trying to shred the American safety net. I’m not among the vilifiers. We should be taking the deficit more seriously, and Mr. Peterson is trying to make that happen.

Also read Making sense of our $61.9 trillion bill

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