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22 Segments




Facing The Fiscal Cliff: Congress' Next Showdown

In December, Congress is poised for another showdown on the deficit and taxes, in what is now being called the fiscal cliff. In his new book Red Ink, David Wessel explains how the federal budget got to the point where it is today -- and where to go from here.


States Gamble On Casinos To Generate Revenue

More and more state and local governments have approved casino gambling in order to generate new jobs and tax revenue. But does it work? Economist Richard McGowan outlines why states are turning to gambling to solve their fiscal crises -- and now upping the ante even more.


Comparing The Candidates' Tax Proposals

Parsing the presidential candidates' tax plans is necessary to understanding their general takes on the economy. Economist Len Burman has been doing just that. He is a senior fellow at the Urban Institute, which has just released a report comparing the candidates' proposed tax policies.


Lincoln Chafee: 'Against the Tide' Toward the Center

Lincoln Chafee, former U.S. senator from Rhode Island, was often called the most liberal Republican in the Senate. In office, he bucked his party on a number of hot-button issues, including same-sex marriage and the war in Iraq. His book Against the Tide challenges the Republican Party on its rightward drift.


The President's (Former) Economy Guru

Economist Douglas Holtz-Eakin stepped down last fall as director of the Congressional Budget Office. He had been appointed to a four-year term that was to have ended in February of 2007. Previously, Holtz-Eakin served as President Bush's chief economist.


The Federal Deficit: Past, Present and Future

Economists Isabel Sawhill and Brian Riedl discuss the federal deficit: how the country reached this point and how it might get back into the black. Sawhill is a senior fellow and vice president and director of economic studies at the Brookings Institution, a non-partisan think tank in Washington, D.C. Brian Riedl is lead budget analyst and the Grover M. Hermann Fellow in Federal Budgetary Affairs at the Heritage Foundation, a conservative think tank also based in Washington.


'National Review' Editor Stephen Moore

Moore is the president of the Club for Growth and contributing editor for National Review. The Club for Growth has a political action committee dedicated to elected conservative politicians who carry on the Reagan vision of "limited government and lowered taxes." Moore was the Cato Institute's director of fiscal policy studies, and is now a Cato senior fellow.


Syndicated Columnist Molly Ivins

Her new book (with co-author Lou Dubose) is Bushwhacked: Life in George W. Bush's America. Her stories have appeared in Esquire, The Atlantic Monthly, The New York Times Magazine and The Nation. Her other books include Shrub, about presidential candidate Bush, and Molly Ivins Can't Say That, Can She?


Columnist Bruce Bartlett

He is a senior fellow at the National Center for Policy Analysis. His twice-weekly column on economic policy is published in The Washington Times and Detroit News and is nationally syndicated. He was deputy assistant secretary for economic policy at the U.S. Treasury Department, from September 1988 to January 1993. In 1987 and 1988, Bartlett was a senior policy analyst in the Office of Policy Development at the White House. Before that, he was a senior fellow at the Heritage Foundation in Washington, D.C.


'New York Times' Columnist Paul Krugman

He is a professor of Economics and International Affairs at Princeton University. His research is mainly in the areas of international trade and finance. He is one of the founders of an economic postulation called the "new trade theory." Krugman has also written and edited many books. His most recent is Fuzzy Math, on the Bush tax cut.


Journalist Floyd Norris

He is chief financial correspondent for The New York Times. He'll discuss the Bush administration's economic plan, including the tax break on stock dividends.


How Our Tax Systems Favors the Wealthy.

Journalists Donald Barlett and James Steele. Their reports from the front pages of the "Philadelphia Inquirer" later became the book "America: What went Wrong"; it was a bestseller for eight months, and added fuel to the fire of the 1992 Election. Their new book of investigative reporting is "America: Who Really Pays the Taxes?" (Simon & Schuster). They argue the middle class has been soaked by the current tax system; that the same dollar earned by a neighborhood grocer is taxed more than if it was earned by a foreign corporation doing business here.


In Light of Clinton's Tax Plan, A Defense of Social Security

Executive Vice President of the National Committee to Preserve Social Security and Medicare, Max Richtman. Terry will talk with him about how Clinton's budget proposal will impact Social Security and Medicare. Richtman is critical of Clinton's plan to raise the tax on Social Security benefits.


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