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A comment on FDIC set to take First Republic Bank into receivership. Parent comment

Re:FDIC set to take First Republic Bank into receivership by JumpCrisscross on Friday April 28, 2023 @06:48PM (#35748104)
> if they cut spending, they can deflate the economy, and they can't attract the tax revenues to pay their own debt

This is not a serious constraint on deficit reduction.

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