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Richard N. Haass 8, President of the Council on Foreign Relations, “What the Recession Means for Foreign Policy”, Wall Street Journal, 11/8/2008, http://online.wsj.com/article/SB122611110847810599.html

Pressures to rein in federal spending are sure to grow. There is little that is easy to cut given the need to meet entitlement obligations, pay interest on the $10 trillion debt, and bail out states and cities unable to balance their budgets. What's more, there is an emerging consensus on the need for yet another stimulus package. Down the road, ballooning deficits will bring inflation and cause problems for the dollar. It is highly likely then that Congress will want to cut the defense and foreign-aid budgets simply because there are so few other targets available to reduce federal spending. This will limit the availability of tools central to asserting U.S. power and influence abroad.

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