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Published on Jun 28, 2011
Greece once again erupted in violent protests today. It's the first of a 2 day strike, as the Greek parliament is set to vote tomorrow on a new five year austerity package of spending cuts and tax increases. The bill is expected to pass, but if not, Greece will run out of money within weeks. While the US Congress is in its own debate over defaults and budget cuts, will we look to Europe as an example? Reason Foundation's Anthony Randazzo weighs in.