• April 7, 2011    

    I wrote yesterday about a chat with the former head of President Clinton’s Council of Economic Advisers, Martin Baily, now of the Brookings Institution. Most striking to me, was his suggestion that there could conceivably be an upside to the … Continue reading

  • December 3, 2010  

    The president’s deficit commission voted 11-7 Friday on a combination of spending cuts and tax increases recommended by its co-chairmen, falling short of the 14 votes needed to send the plan to Congress. Co-chair Alan Simpson still showed optimism, saying that some aspects will be picked up and implemented in future proposals. Continue reading

  • December 1, 2010  

    Fiscal commission co-chairs Alan Simpson and Erskine Bowles have revised and trimmed a deficit proposal in an effort to win bipartisan support. But will it move beyond the proposal stage? The chairmen talk to Judy Woodruff about the controversial cost-cutting proposals, from defense to Social Security. Continue reading