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CBPP Analysis of John Boehner’s Plan

By Matthew Yglesias

"CBPP Analysis of John Boehner’s Plan"

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The Center on Budget and Policy Priorities concludes that if enacted, John Boehner’s debt ceiling plan “could well produce the greatest increase in poverty and hardship produced by any law in modern U.S. history.”

That sounds to me like something that would create strong incentives to not be poor and, indeed, to fully incentive richness. Consequently, we’ll have massive economic growth. Right?

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