A Recession of Republicans’ Making

4.4%

Projected growth in gross domestic product (GDP) in 2013, if Congress avoids another debt ceiling fiasco when they debate extending the Bush tax cuts on income over $250,000 after the November elections. The Congressional Budget Office (CBO), who made the estimates, also projects 2 million new jobs next year if Congress acts responsibly. If not, the CBO says the economy will go back in recession.

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