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Robert Reich: No Reason To Balance The Budget On The Backs Of The Poor

Former U.S. Labor Secretary Robert Reich, professor at the University of California, Berkeley, joins Current TV’s John Fugelsang to react to news that the Senate has voted to pass a federal budget for the first time in four years. No

Former U.S. Labor Secretary Robert Reich, professor at the University of California, Berkeley, joins Current TV’s John Fugelsang to react to news that the Senate has voted to pass a federal budget for the first time in four years.

Reich weighs in on criticism that the budget drawn up by the Democratic senators doesn’t balance out. “There is nothing that is particularly important about balancing the budget,” Reich says. “It sounds good, but you don’t really want the budget to be balanced if you have a lot of people who are unemployed or underutilized capacity. And there’s no reason to balance the budget on the backs of the poor.”

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