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POPS$500 Billion Federal Budget Deficit On the front page of today's Washington Post, another sobering view of the U.S. government's fiscal situation. Note: eight years ago, with the federal budget in the black, the Post also aired fiscal worries in several stories. This September 2000 story (link unavailable), "Spending Floodgates Open on Hill," had this quote from Senator John McCain: "The deficit used to have some modest braking influence, but now that that's not there, it's just a free-for-all," said Sen. John McCain (R-Ariz.) "They're all equal opportunity pork-barrelers . . . This is the worst ever."
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