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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 04, 1966
Page
10
Sylvia Porter argues the 1966 deficit violated New Economics rules as tax receipts surged to 104.6 billion while spending rose to 106.9 billion, with military and Great Society outlays driving the gap. She notes debt fell as a share of GNP and cites Vietnam spending as a primary factor.
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