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National Debt and the Deficit

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National Debt and the Deficit

National Debt and the Deficit

National Debt and the Deficit

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  • <iframe src="https://www.npr.org/player/embed/1639104/1639105" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

President Bush sent Congress a $2.4 trillion election-year budget. It's got big increases for defense and homeland security and promises to cut the deficit in half by 2009. Join NPR's Lynn Neary for a guide to debt and deficit and the nation's bottom line.

Guests:

Mike Santoli
*Senior editor at Barrons

Kevin Hassett
*Director of economic policy studies at the American Enterprise Institute

Henry Aaron
*Senior fellow for economic studies at the Brookings Institution