When asked what they would do about fixing entitlement spending, with just a few exceptions, the current presidential candidates quickly retreat into clichés.
This year’s Medicare Trustees’ Report once again found the system in trouble. Because of a new law, however, the President now has to do something about it.
This former Staff Director of the Senate Budget Committee predicts the deficit supercommittee will reach agreement on a plan to reduce the debt. Unfortunately, he argues, it won’t do much good.
In an adaptation from his new book, the Oklahoma Senator delivers a stern warning about America’s fiscal future.
The former Wyoming Senator talks about the politics of the moment and why the plan he coauthored with Erskine Bowles represents the best hope of reducing the debt before it is too late.