Jul 3rd, 2009 - New York Times
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In an interview to be broadcast this Sunday on CNN, former secretary of state Colin Powell said that he had recently cautioned Obama administration officials about taking on way too many costly initiatives that were causing the nation's debt to spiral.
Prompted by a clip from his 1996 speech to the Republican National Convention, in which he promoted limited government and limited taxes, Mr. Powell - who broke with his party and endorsed President Obama in the election last year - offered his concerns about the new administration's multi-pronged agenda in an economic downturn.
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