The Political Cost of the Debt Deal

Tuesday, August 02, 2011

With the debt deal in place, our Washington correspondent Todd Zwillich looks to what the political costs may be — and what groups have been pitted against each other for 2012. (Troops vs. Medicare? Wealthy Americans vs. Troops?) How will this debate play out for the Republican presidential candidates? Plus, what will we see before 2012, when the next deficit reduction package has to pass in the fall of this year?

Guests:

Todd Zwillich

Produced by:

Posey Gruener

Comments [3]

listener

What exactly are fiscal conservative activists saying about the need to decrease debt and spending different than what the IMF, S&P, Moody's and the CBO have been saying about the US economy all this year? Is the drumbeat of demagoguery meant to be a distraction from that question?
When comparing the two year Democrat economic leadership record of massive spending without budgets to the ten year forecasts of S&P, Moody's, the IMF and CBO, what does that tell us about fiscal responsibility?

Aug. 02 2011 09:50 AM
Jim Klein from Truro MA

As usual, you're asking the wrong question. Instead of asking us about whether Obama voters voted for a Jesus Christ you should be asking us what we think about the Tea Party on the morning after.

Aug. 02 2011 09:29 AM
Paul from Miami, FL

This is worst. American should never negotiate with hostage takers. I am very disappointed that President Obama did not fight for ending the obscene tax breaks for the super-wealthy and large corporations.

Aug. 02 2011 09:14 AM

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