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Solving the U.S. Fiscal Crisis: Comparing Two Plans to Reduce Budget Deficit

Alice Rivlin: Both plans simplify the tax code, lower rates and broaden the tax base by eliminating many exclusions and deductions. The Domenici-Rivlin plan goes farther and includes a broad-based consumption tax—sure to be controversial. More video: http://bit.ly/aVjzVk
Length: 01:40

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