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Robert Rubin, Treasury Secretary under former president Bill Clinton, wants the U.S. government to raise taxes to address the country’s federal deficit. The suggestion was likely to be very unpopular with voters and politicians alike in a Presidential Election year. But Rubin warns of “enormous” risks, greater than those of the early 1990s when Clinton enacted deficit-shrinking budget-tightening measures during his presidency. “The risks are enormous and some of them are materializing already, like higher interest rates,” Rubin said, speaking on Bloomberg Television. Government Spending And Ri…

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