A new video released today by the Center for Freedom and Prosperity Foundation (CF&P) discusses the exploding levels of deficits and debt being generated in Washington. In this CF&P Foundation video entitled, “Deficits are Bad, but the Real Problem is Spending,” Dan Mitchell of the Cato Institute explains that huge deficits and skyrocketing debt are rightly causing worry, but these are merely symptoms of the real problem of excessive government spending.