The next president will effectively be a “lame duck” because of the size of the debt and spending on entitlement programs, and will be unable to make his or her own decisions about taxes and spending, a group of outside budget experts warned Thursday.
“Without changes to restore flexibility, the next president will find himself or herself presiding over budgets dictated almost entirely by previous presidents and Congresses,” warned analysts at the Tax Policy Center and the Committee for a Responsible Federal Budget, two nonprofit think tanks.
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