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Washington Journal

Washington Journal for Friday, August 3

Washington, DC

Steven Sloan, Politico, Senior Tax Reporter

Topic:  A look at the financial implications of Congress leaving the for a 5-week summer recess, with outstanding issues like taxes, sequestration and the extension of the Bush-era tax cuts pending.   Some members are blaming the other for lack of faith in dealing with the 2011 debt limit law, and for posturing during the campaign weeks ahead only to postpone how to deal with the fiscal cliff into the next year, even as a post-election lame-duck session beckons.

Donald Ritchie, U.S. Senate Historian

Topic:  The productivity of current Congress as it leaves for its summer recess, and how it compares to previous Congresses at this point in their respective sessions.  He can also talk about the what factors have affected the current Congress’s track record so far, and provide a history of the August Recess.

Rep. Bobby Scott (D-VA), Judiciary Cmte. Member (@repbobbyscott)

Topic:  Congressman will talk about Virginia’s battleground state role in Campaign 2012 both in the Presidential race and its contentious Senate race.  He’ll also talk about voter ID laws and the economy, and the impact of sequestration on his district.   

Chad Moutray, National Association of Manufacturers, Chief Economist (@ShopfloorNAM)

Topic: A look at the unemployment numbers released this morning and how the manufacturing sector is fairing.

Steven Landefeld, Bureau of Economic Analysis, Director (@BEA_News)

Topic: Guest will discuss how measures of national economic growth are measured and alternative ways economists are looking at other data to illustrate the nation’s well-being.  These include GDP; Real Personal Disposable income; living standards; wages; median income; how economists missed the stock price “Bubble” in the 2000-2010-era; savings; and happiness measures and their relationship to the GDP.

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Updated: Friday, August 3, 2012 at 10:05am (ET)

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