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Axios

Washington ignores America's fiscal cliff

Washington ignores America's fiscal cliff

The United States faces a dire and unsustainable fiscal outlook. You'd never know it from the action in Washington. Across parties and policy areas, you'd never guess that the U.S. faces fiscal constraints created by its high-and-rising public debt, ballooning deficits without precedent in times of prosperity, and a looming entitlement spending crisis when the Social Security trust fund runs out.

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