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07/28/2011

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Zhang Guang

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Hendri Prastio Kurniawan

wow Whether you hope that we’ll ultimately solve our problems through tax increases or through spending cuts, it has to be the case that an abrupt cut-off of federal funds to a variety of recipients – from Social Security beneficiaries to block grant programs – will affect demand in disruptive ways. And, with the likely effect on home mortgage rates, the housing market may take another hit.
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