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that will make it politically safe to do the right thing.”
She said that taxation has held steady at 18 to 19 percent of the Gross Domestic Product wljrile spending has increased from 20 to 24 percent. “We’ve either got to get spending to 18 or 19 percent or get revenues to the spending level,;-or find a point in between,” she added.
She said 47 of the 50 states, !including Virginia, have state chapters, and that in those states the organization is in the process of creating local chapters. •. *
“The deficit is not like the wolf at the door,” she said. “You don’t have to respond right now. It’s more Bke termites in the basement, sapping, the economic strength of the coun-' try.”
“It’s never a good time to fix the! deficit," she added. *
Bill Remington of Flint Hill, a member of the Concord Coalition,! said that he is part of a group orga-; nizing a local Piedmont Chapter of the organization. He said more than 20 people have indicated they are in-; terested in joining the local group'. |
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