by Dan Balz, The Washington Post
July 12, 2010
BOSTON -- The co-chairmen of President Obama's debt and deficit commission offered an ominous assessment of the nation's fiscal future here Sunday, calling current budgetary trends a cancer "that will destroy the country from within" unless checked by tough action in Washington.
The two leaders -- former Republican senator Alan Simpson of Wyoming and Erskine Bowles, White House chief of staff under President Bill Clinton -- sought to build support for the work of the commission, whose recommendations due later this year are likely to spark a fierce debate in Congress.
"There are many who hope we fail," Simpson said at the closing session of the National Governors Association annual meeting. He called the 18-member commission "good people with deep, deep differences" who know the odds of success "are rather harrowing."
Full story:
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/11/AR2010071101956.htmlOverview of Obama's proposed 2011 budget:
http://www.washingtonpost.com/wp-srv/special/politics/budget-2010/