America’s Collision Course With The Debt Ceiling
As the nation counts down to default, Diane talks to longtime Congress watcher Norm Ornstein about the debt limit negotiations, what's at stake and whether he sees a way forward.
President George W. Bush officially proposed a tax cut to Congress after weeks of discussion about its political and economic viability. A panel talks about what the President is proposing, how it would work, who would benefit, and how it would affect the economy and the rest of the federal budget.
Guests
- Henry Aaron Senior fellow, economic studies, The Brookings Institution.
- Kevin Hassett Director, economic policy studies, American Enterprise Institute.
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