Federal deficits

Thursday, December 19, 2002 - 10:06 a.m.
Federal deficits

The Congressional Budget Office projects that if the Bush administration tax cuts are extended indefinitely, there could be a 10 year budget deficit of $2.9 trillion. Two economists join Diane to talk about the relationship between...

The Congressional Budget Office projects that if the Bush administration tax cuts are extended indefinitely, there could be a 10 year budget deficit of $2.9 trillion. Two economists join Diane to talk about the relationship between government deficits and economic growth.

Guests

Kevin Hassett

director, economic policy studies, American Enterprise Institute.

Peter Orszag

director, Office of Management and Budget
former director, Congressional Budget Office,
and former senior fellow in economic studies at the Brookings Institution and author of "Saving Social Security"

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