It picks this up:
Bloggingheads: Don't Sweat the Debt? Michael Kinsley and Brad DeLong.
I cannot help but note that the New York Times adds only four words to the party, and those four words are misleading.
Neither of us is saying "don't sweat the debt." Both of us believe that we need to sweat the debt very much--but the debt we need so sweat is the long-term debt, and the way we need to sweat it is by holding Congress's feet to the fire on PAYGO.
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