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Obama Pushes for a Deficit Deal by July 22

The Wall Street Journal

Friday, July 1, 2011

But reducing federal spending by 44% could mean laying off one-third of the federal work force, said Jay Powell, a visiting scholar at the Bipartisan Policy Center and former top Treasury official during the George H.W. Bush administration. “That’s 600,000 or 700,000 workers.”


2011-07-01 00:00:00
The Wall Street Journal