Party insiders and backroom deals: One author on why we need to bring back old-time politics.
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.
- 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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