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Difficulty With The Deficit

NPR

Last week, we got the latest federal deficit numbers for the past fiscal year. And largely because of the big corporate and income tax cuts at the end of 2017, something unusual is happening in the relationship between the economy and the deficit. Cardiff talks with Jared Bernstein about this anomaly.

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Cardiff Garcia is a co-host of NPR's The Indicator from Planet Money podcast, along with Stacey Vanek Smith. He joined NPR in November 2017.