Showing posts with label Dan Balz. Show all posts
Showing posts with label Dan Balz. Show all posts

Monday, July 12, 2010

fiscal cancer that will destroy the country from within

Obama's debt commission warns of fiscal 'cancer'





BOSTON -- The co-chairmen of President Obama's debt and deficit commission offered an ominous assessment of the nation's fiscal future here Sunday, calling current budgetary trends a cancer "that will destroy the country from within" unless checked by tough action in Washington.

The two leaders -- former Republican senator Alan Simpson of Wyoming and Erskine Bowles, White House chief of staff under President Bill Clinton -- sought to build support for the work of the commission, whose recommendations due later this year are likely to spark a fierce debate in Congress.


By Dan Balz
Washington Post Staff Writer