'Debt deal theater a public failure - plan only slows debt growth'

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RT asked economics expert Max Fraad Wolff about what's ahead for the US budget once the deal is in place. He believes that despite averting the immediate threat of default, Washington has failed to produce a solution capable of sustaining America's insatiable appetite for borrowing. Wolff also told RT the debt limit of the US has been raised 90 times since 1940 -- that's 1.4 times a year every single year.

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