By Stephen Dinan

The Washington Times

June 22, 2011

"Many of our leaders have been hoping that if they avoid the difficult decisions for long enough, the problem will fix itself. Today's numbers once again disprove this theory," said Steve Bell, senior director of the economic policy project at the Bipartisan Policy Center. "Spending remains near its highest point as a percentage of the economy over the past 60 years, while revenues similarly remain near their lows. Clearly, this mix of fiscal policy is impossible to maintain."

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Economic Policy Project