Deficit and Debt Reduction

Former Congressional Budget Office (CBO) and White House officials evaluated the “fiscal cliff” legislation passed by Congress… read more

Former Congressional Budget Office (CBO) and White House officials evaluated the “fiscal cliff” legislation passed by Congress on January 1, 2013. David Marron talked about the tax elements of the bill, including alternative minimum, estate, and tax cuts from the George W. Bush administration. Robert Reichauser and Rudolph Penner in their assessments were pessimistic about what was in the bill and the prospects for the budget process in the 113th Congress. The program included questions from audience members.

“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Deficit and Debt Reduction

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Program ID:
310259-1
Category:
Public Affairs Event
Format:
Forum
Location:
Washington, District of Columbia, United States
First Aired:
Jan 8, 2013
Last Aired:
Jan 11, 2013

Airing Details

  • Jan 08, 2013 | 12:00pm EST | C-SPAN RADIO
  • Jan 08, 2013 | 12:00pm EST | C-SPAN 1
  • Jan 08, 2013 | 12:03pm EST | C-SPAN 1
  • Jan 08, 2013 | 4:20pm EST | C-SPAN 1
  • Jan 08, 2013 | 9:33pm EST | C-SPAN 2
  • Jan 09, 2013 | 1:00am EST | C-SPAN RADIO
  • Jan 09, 2013 | 1:18am EST | C-SPAN 2
  • Jan 10, 2013 | 4:18am EST | C-SPAN 2
  • Jan 11, 2013 | 9:08am EST | C-SPAN 3
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