The Battle over the Budget in an Election Year

Host:

Warren Olney

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The Democrats are in big trouble in this election year, and there's no better evidence than the budget President Obama presented yesterday. He had to concede that the economy's bad and then argue that things will have to get worse before they get better. In introducing his $3.8 trillion budget, the President defined his dilemma of being caught between reducing the deficit in the long run and the need to create jobs in the short run. On this rebroadcast of today's To the Point, we hear more about the economics and the politics behind the budget, what's at stake for Medicare, Social Security and taxes if Washington doesn't get a grip on the deficit.

Guests:

Lori Montgomery: Financial Reporter, Washington Post, @loriamontgomery
Rob Nabors: Deputy Director, Office of Management and Budget
Brian Riedl: Senior Federal Budget Analyst, Heritage Foundation
Maya MacGuineas: President, Committee for a Responsible Federal Budget, @MayaMacGuineas

Underwriters

Which Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.

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