Krugman: Trillion Dollar Fraudsters

03/20/2015 09:33 am ET | Updated Mar 20, 2015
MIKE CLARKE via Getty Images

By now it’s a Republican Party tradition: Every year the party produces a budget that allegedly slashes deficits, but which turns out to contain a trillion-dollar “magic asterisk” — a line that promises huge spending cuts and/or revenue increases, but without explaining where the money is supposed to come from.

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