I was on CNN’s “Your Bottom Line” show with host Christine Romans this weekend. That’s one part of the interview, above, and the transcript of the show is here. I tried to make my points about the intergenerational inequity of the debt problem (not fair to my kids), the still unaddressed need for entitlement and tax reform (how discretionary spending is such a small part of the budget and the problem), and how there are two sides to the fiscal sustainability “coin” (the get-the-deficit-down side and the grow-the-economy side). I didn’t get to weigh in on the issue of tax reform, but I was sure itching to do so. Hopefully I will get another chance to talk about that sometime between now and November when the “super committee” must come up with a second-round plan or else the automatic cuts–still almost entirely on discretionary spending and not entitlement benefits or tax policy–are triggered.
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