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The Congressional Budget Office and other budget forecasters can't ignore the economic reality forever.
In first post-election comments, US president claims mandate to raise taxes on wealthy Americans to reduce the deficit.
Some economists don't get paid to know about the economy, but to justify the trickle-up of wealth.
Modest improvement in economic growth helps narrow gap by $207bn, but unprecedented deficit looms as key election issue.
Congressman, accepting vice-presidential nomination, vows to solve economic problems and not duck the "tough issues".
Paul Ryan spent decades as "a man internally divided against himself", apparently without even realising it.
Congressional Budget Office says massive spending cuts and tax hikes due in 2013 could lead to fiscal crisis.
Romney's selection of Paul Ryan as his running mate will have profound implications for the upcoming election.
US lawmakers need to set aside budget initiatives based on fear and fantasy, and fund more domestic programmes.
There seems to be a radical shift in the campaign strategy which reflects a hidden truth behind the bland façade.
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