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Inflation Pressures On Cut Tax and Spend Big Fevers Clash
The piece analyzes the risk of inflation amid large Nixon deficits and rising domestic spending promises from McGovern and Humphrey. It notes congressional disarray, tax reform doubts, and the likelihood that future budgets will demand deficit reduction, not expansion, as the next administration faces an upward economy.
MENTIONED IN THIS ARTICLE
Ashington
United States
Brazil
Indonesia
Chile
U.S
Nixon
Congress
George McGovern
Hubert Humphrey
Defense
Wisconsin
McGovern