Economist Dean Baker & Rep. Donna Edwards Comment on Deficit Deal “Super Committee”
Dean Baker
August 3, 2011
Real-World Economics Review
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
FOLLOW DEMOCRACY NOW! ONLINE:
Facebook: http://www.facebook.com/democracynow
Twitter: @democracynow
Subscribe on YouTube: http://www.youtube.com/democracynow
Daily Email News Digest: http://www.democracynow.org/subscribe
Please consider supporting independent media by making a donation to Democracy Now!
today, visit http://www.democracynow.org/donate/YT |
|
|
|
2011-08-03