"...deficits are caused by spending more money than one has to spend."
You mean when you lower taxes and then try to spend the Soviet Union into ruin like when St. Ronald was in the White House? Or when George W. Bush lowered taxes even further and then started two wars (one illegal and the other questionable) and not including the costs in the annual budgets but instead demanding serial emergency funding bills that 'charged' it all on the country's 'credit card' as it were, eh?
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