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A Peterson Foundation billboard displaying the national debt and each American's share is pictured in Las Vegas, Nev., on Feb. 8, 2022. Bryan Steffy/Getty Images for Peter G. Peterson Foundation
Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His latest book is “Govzilla: How the Relentless Growth of Government Is Impoverishing America.”