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I do some voluntary work <a href=" http://www.cafsowrag4development.org/where-can-you-buy-research-papers/ ">wan keel write an essay for me for free fellow</a> The main effect of the run-up in deficits has been to remove all margin for error in economic policy. The nation's outstanding public debt is now over 70 percent of gross domestic product; if another crisis were to rattle to the world economy, the nation's debt level could easily soar past 100 percent of GDP, which would spell real trouble for the economy. The imperative to rein in near-term deficits even more remains because it is important to reduce the risk that another recession-induced run-up in borrowing would trigger a debt crisis with catastrophic consequences.