December 30, 2010

2011 Reveal: What Happens to the Budget Deficit

Veronique de Rugy

George Gibbs Chair in Political Economy
"They're going to have a very had time with the 2011 budget," said de Rugy.  "Congress seems incapable of doing what it was sent to Congress to do."
De Rugy believes that issues like the debt ceiling are going to result in symbolic fights in Congress.
"The debt ceiling is going to be a big negotiation, but if history is our guide, Republicans are going to be bad about asking for spending cuts, or getting them," said de Rugy.