Howard Gleckman writes: Howard Gleckman: Two economists debate whether the Federal budget deficit matters: “Do deficits, or at least currently projected deficits, matter?… …A recent debate between my Tax Policy Center colleague Bill Gale and UC Berkeley economist Brad DeLong…. Bill wrote that ‘a major priority should be to get our long-term fiscal house in order.’… Brad argued that… … Continue reading How Do Projected Long-Run Deficits Matter?: Daily Focus