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Rather than have a numerical dollar amount – which doesn’t make any sense, we just end up raising it every other year – is convert it to something like a debt-to-GDP ratio, a number that could be agreed to, have a cure period thereafter. And if that cure does not occur, certain guardrails go up on discretionary spending.

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    Quiz

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    "Nothing in this world is worth having or worth doing, unless it means effort, pain, difficulty."
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