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Budget Deficit

From the Wall Street Journal CEO Council 2011 Annual Meeting.  Yesterday,  November 15, Alan Simpson and Erskine Bowles former co-chairs of the National Commission on Fiscal Responsibility and Reform, talked about the work on the congressional Joint Select Committee on Deficit Reduction, their frustrations, their hopes and their expectations of the Super Committee's outputs.  Bowles' folksy metaphor for the current state of the U.S.? "We have the best looking horse at the glue factory…"

11/16/2011


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