A Second Look At Last Year's Deficit Reduction Plan
November 26, 2011
The failure of the congressional supercommittee to reach a deal on reducing federal government deficits is being called another example of dysfunction and gridlock in Washington. New attention is now focused back on the plan put forth last year by President Obama's bipartisan deficit reduction commission, a blueprint that a number of Democrats and Republicans endorsed. Host Scott Simon talks with former Sen. Alan Simpson, former co-chair of that deficit reduction commission, about the failed negotiations of the supercommittee.
A short-term fix for the nearly empty Highway Trust Fund is a step closer to President Obama's desk. Congress has been talking about the long-term problems with the construction account, but the two chambers have not agreed on a long-term solution.
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