Administration's Deficit Reduction Plan
When President Obama unveiled his proposed spending cuts last week, it included four hundred billion from national security over the next twelve years. The president has ordered a high level review to determine where specifically cost savings can come from. When Defense Secretary Robert Gates ordered cuts of his own back in January, he said he opposed further reductions in spending. The defense department has acknowledged that the budget cuts would require some scaling back of the military. A look at balancing security needs with budget realities
Guests
senior fellow at the Cato Institute
research and policy director, Economic Policy Institute.
Republican, 11th District, Georgia.
national political correspondent for National Public Radio and a contributor at Fox News Channel
Democrat of Maryland, Chairman of the Democratic Congressional Campaign Committee

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There is growing confusion between a "deficit reduction" budget & a "debt reduction" budget. Isn't it a crying shame (for our children!) that none of these budgets are actually balanced or have any intent on repaying the trillions we already owe? I would like to see a comparison between Pres Obama's & Rep. Ryan's plan on how much we will owe by FY 2021--then we can decide what kind of America we want to live in....
That would be Cato Institute, and it is hardly non-partisan. My mentioning Charles Koch's name must have signaled you to do what you get paid to do -insert comments that are pro-corporate. Koch Industries/Koch brothers have financially supported and helped organize the Tea Party, and they spend vast amounts of money to support elections of Republicans and against Democrats. They also lobby heavily to get Republican support for less taxes and less government restrictions. As I said, that hardly makes them non-partisan.
Why is it you libertarians try to scare us about passing on debt to our grandchildren, but you think we should have no concerns about passing on polluted drinking water, polluted air, $8 an hour jobs with no health plan or pension, and other assorted "goodies" that would give them a drastically reduced quality of life?
I don't know if "growin" is replying to my comment, but it sounded like it with a reference to debts & the children. In general I would say by ignoring out of control spending we will have all of the listed concerns plus skyrocketing inflation, interest rates and crippling unemployment from a bankrupt government. However to be specific to certain charges: a clean environment is essential for population safety & growth yet all industrial societies create industrial waste-- a balance must be achieved; $8 hour jobs would not be so horrible if we stopped devaluing our currency with debt; health plans & pensions are not a constitutional right but as long as we can afford it then let's do it. I despise the whole "I want it now, let's pay for it later" mentality that has taken hold of our nation--ask yourself who is really benefiting from all the borrowed money?
–PHOTOGRAPHY BY JEREMY KOST
Alan Cumming
Bianca Bianconi
Daisy Nam
Glenn O’Brien and Eric Shiner
Mena Suvari
Self portrait (Jeremy) in the New Museum elevators
Sylvia Miles and Mena Suvari
Nice shoes
Posted in: People & Parties By Natalie Hormilla Thursday, Aug 7, 2008 / 11:57 AM GMT -5
Diane,
I am still shocked at your Thursday panel show. The right-wing panelist was incredibly dishonest in his comments, like sneering at Obama's desire to tax "the so-called rich" -- so called? Warren Buffet, David Gergen, OBama, three of whom I have heard admit to their wealth and their undertaxation. Why was a person who so distorts facts included? Why did you not call him on such statements as the one above? What is going on?
I am like a previous commenter: I simply turned off the program as worthless... one of the few times I have ever felt the Diane Rhem show was not worth listening to.
Petesmom
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An answer to Medicare waste and fraud would be to build up a Case Management system like private insurers have. Case Management is much more than a gatekeeper. It is the first line of defense against fraud, and helps lead to better medical outcomes. If Medicare's administrative costs are so low, doubling them by overlaying Case Management would be a reasonable expense to keep the overall costs under control.