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  • Advice To The Next President: Taxes And Spending

    WBUR - 10/02/2012

    The power to tax and the power to spend are two of the most important tools the federal government has to affect the broader economy. What direction should the next president take? More spending or less? Higher or lower taxes? And for whom?

    Longtime friends and colleagues — and economic advisers to presidents from different parties — Lawrence Summers and N. Gregory Mankiw offer their ideas.