The budget deficit situation has never been this bad. The numbers have never been this large. Politicians are unwilling to compromise.

Focus Washington: Red Ink by David Wessel

On August 23, 2012, in DCView, Featured, by Focus Washington

David Wessel, Economics Editor of The Wall Street Journal, discusses his new book Red Ink. Mr. Wessel doesn’t seen anything changing any time soon. The presidential campaigns aren’t discussing their actual plan to cut the deficit. To bring the USA out of the red, he sees cuts in spending and increasing taxes a requirement.

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