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Bill Clinton Tells Newsmax: Raising Taxes Won't Work


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Clinton to Newsmax: Raising Taxes Won't Fix Economy
Former President Bill Clinton says Washington should not raise taxes or cut spending until the slumping economy is turned around, and that President Obama's plan to tax the wealthy won't solve the debt problem. In an exclusive video interview with Newsmax Founder and CEO Christopher Ruddy on the eve of the 10th annual Clinton Global Initiative, the former president also offered surprising views on climate change, the economy, government regulations and his fellow Democrat Obama.
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