In this edition of the Journalists' Roundtable, reporters discussed the budget making process and deficit, the efficacy of the Gramm-Rudman Act, a review of the year of 1987, and the election and primary races of the 1988.
People in this video
Laurence Barrett Correspondent Time Magazine->Washington Bureau
Jerome Idaszak Correspondent Chicago Sun-Times
Trent Lott U.S. Representative [R] Mississippi
Norman Sandler Correspondent United Press International->White House
Debt and Taxes
Professor Ornstein discussed the book he co-wrote with John H. Makin, [Debt and Taxes: How America Got into Its Budget Mess and…
President Bush spoke about the mid-session economic review which had shown improvements in deficit predictions. The…
Federal Budget Deficit
Laurence Seidman talked about his idea for lowering the federal deficit and balancing the federal budget. He also…
Weekly Presidential Address
In his weekly address President Obama talked about the federal budget deficit and reducing government spending.