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Blogosphere: Privatization Increases Public Spending

New York Times Economix

What should the G.O.P. do after last week's recapture of the House of Representatives? "Real spending reductions, an extension of the Bush tax cuts, ending earmarks, using the returns from the bailouts to reduce the debt and turning Fannie and Freddie into private companies should all be at the top of the G.O.P.'s agenda," Karl Rove wrote in a commentary published in The Wall Street Journal on Thursday...

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