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 Obama’s budget calls for new spending to target unemployment as it slashes funding for hundreds of programs and raises taxes on banks and the wealthy. The political battle ahead over the 3.8 trillion dollar plan.
Guests
- Robert Greenstein Founder and executive director of the Center on Budget and Policy Priorities.
- Jonathan Weisman White House reporter for "The Wall Street Journal."
- Douglas Holtz-Eakin Chief economist, director, Congressional Budget Office from 2003 to 2006, and senior domestic policy adviser to the McCain Campaign and a member of the Financial Crisis Inquiry Commission.
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