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Apparently it’s now “in the hands of the Republican Party,” which will prove negative for the economy.
Republicans “are going to pursue a very strong effort to cut services by refusing to have any tax increases,” Soros said in an interview with CNN’s “Fareed Zakaria GPS” program.
“This agenda will be successful,” though it will be “more directed at cutting services and achieving the ideological purposes of the Republicans rather than to get the economy going,” Soros, 80, said, according to a transcript of the interview released by CNN. “This will have a negative impact on the economy.”