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The Federal Deficit Tops $1-Trillion | Nightly Business Report
MAYA MACGUINEAS, PRES., COMMITTEE FOR A RESPONSIBLE FEDERAL BUDGET: What we're doing is we are borrowing to keep the economy afloat and this is a short term strategy. The problem is that the trillion dollars is a reminder that we don't have any plan to stop borrowing at an unsustainable level.
Budget Deficit Passes $1 Trillion | Wall Street Journal
"Most anybody who's being honest knows we've reached a point where we've got a very dangerous fiscal situation, and it won't fix itself," said Maya MacGuineas, president of the nonpartisan Committee for a Responsible Federal Budget. She said the White House and Congress should negotiate a broad plan to reduce deficits now.
A Budget Hurricane | Chicago Tribune
Original URL:
"Having spent over a decade worrying about budget deficits," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget, "I can quite honestly say that things have never looked as bad as they do now." Original article
CBO Warns of Fiscal Disaster over Deficits | Washington Times
"For years, we've been warning that the budget was out of balance over the long term and we should act while there is still time," said Maya MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget. "Well, guess what? Time is quickly running out. We're drowning in unprecedented levels of red ink, and there is no plan to fix the situation."
Why Taxes Will Need to Go Up | CNN Money
"Ultimately, the long-term budget outlook will necessitate serious tax and spending changes," says the Committee for a Responsible Federal Budget, which is led by tax and budget experts from the left and the right.
The Pros and Cons of a Public Health Care Plan | Minnesota Public Radio
Health insurance companies worry a public option that the Obama administration wants will spell trouble in the marketplace. What is a public plan and how much will such a plan cost?
Guests:
The Longterm Budget Outlook
Last
week, the Congressional Budget Office (CBO) released its Long-Term Budget
Outlook. The reports suggests a brief window in which deficits subside a bit,
after which the effects of health care cost growth and population aging will
drive them rapidly upward and bring the national debt to unprecedented and intolerable
levels.
Congressional Office Sees Deficit Rising | United Press International
Maya MacGuineas, president of the Committee for a Responsible Federal Budget said the United States was "drowning in unprecedented levels of red ink, and there is no plan to fix the situation."
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