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Deficit Spending

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Deficit Spending

Deficit Spending

Deficit Spending

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  • <iframe src="https://www.npr.org/player/embed/970288/970289" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The White House predicts deficits of $304 billion in the current fiscal year and $307 billion in 2004. And that doesn't take into account a possible war with Iraq. How did these projections get so big and what do they mean for the American economy? Join host Neal Conan and guests for the discussion.

Guests:

Mark Zandi
*Chief Economist at Economy.com

Stephen Moore
*Senior Fellow in Economics at the Cato Institute

Bill Gale
*Senior Fellow at the Brookings Institutions and Co-Director of the Tax Policy Center at Brookings