A new government in Greece moves to reverse austerity reforms. Tensions ease on the Israeli-Lebanon border. And President Barack Obama visits India and Saudi Arabia. A panel of journalists joins Diane for analysis of the week's top international news stories.
Estimates of the federal budget surplus are dropping. Economic forecasters agree the recent tax cut altered the budgetary outlook, but disagree on how much, and on whether it’s a problem. President Bush’s critics say it’s proof the tax cut was irresponsible; his supporters say the tax cut was the best way to anticipate an economic slowdown. A panel talks about why the surplus is shrinking and how Washington policymakers should be handling the nation’s finances.
- Mark Wilson of the Heritage Foundation
- Robert Bixby executive director of the Concord Coalition
- Robert Greenstein founder and executive director of the Center on Budget and Policy Priorities.
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