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Economist Dean Baker & Rep. Donna Edwards Comment on Deficit Deal “Super Committee”

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DemocracyNow.org – President Barack Obama welcomed the deficit deal as “an important first step” and urged both parties to work together on a larger plan to cut the deficit. The deal includes no new tax revenue from wealthy Americans and no additional stimulus for the lagging economy. It has a provision to create a joint ...

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DemocracyNow.org – President Barack Obama welcomed the deficit deal as “an important first step” and urged both parties to work together on a larger plan to cut the deficit. The deal includes no new tax revenue from wealthy Americans and no additional stimulus for the lagging economy. It has a provision to create a joint committee of 12 legislators charged with finding $1.5 trillion in deficit cuts. The committee must hold its first meeting in 45 days and is expected to set in motion a lobbying frenzy. For more, Democracy Now! speaks with Democratic Rep. Donna Edwards of Maryland, who voted against the plan, and economist Dean Baker, co-director of the Center for Economic and Policy Research.



For the complete transcript, to download the podcast, or for more information about Democracy Now!, visit http://www.democracynow.org



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Dean Baker
Dean Baker is a macroeconomist and codirector of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He is a regular Truthout columnist and a member of Truthout's Board of Advisers.

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