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Sizing Up Obama's Economic Philosophy Last week, President Obama signed a $410 billion spending bill, which will contribute to a projected record deficit of $1.7 trillion. The omnibus spending bill comes as the president pledges to balance the budget and lawmakers grapple with the best way to solve the nation's economic crisis. Tony Cox speaks with Keith Reed and Dr. Julianne Malveaux.

Economy

Sizing Up Obama's Economic Philosophy

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Sizing Up Obama's Economic Philosophy

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Last week, President Obama signed a $410 billion spending bill, which will contribute to a projected record deficit of $1.7 trillion.

The omnibus spending bill comes as the president pledges to balance the budget and lawmakers grapple with the best way to solve the nation's economic crisis.

For a closer examination, Tony Cox speaks with News & Notes' economics contributors — Keith Reed, who blogs at Keith Reed's Money Corner, and author and economist Dr. Julianne Malveaux. Malveaux is president of Bennett College for Women.