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Also, that's the first time I've heard that one about purposely underfunding the regulatory agencies so that "these loans could be passed as secure loans." That doesn't even make sense.
"The problem with socialism is that you eventually run out of other people's money." - Margaret Thatcher
By contrast, if a plan exists to spend X and cover it with sources of revenue A, B, and C, and then you decide to spend 1.2X, then the increased spending will result in a deficit.
Moderates are not republicans