Look, if we had a [Hillary] Clinton presidency, if we had Erskine Bowles as Chief of Staff of the White House or President of the United States, I think we would have fixed this fiscal mess by now. That’s not the kind of presidency we’re dealing with right now.Rep. Paul Ryan • Offering (on this morning’s Meet the Press) an interesting take on what he thinks of the Obama administration … essentially, Obama is no Hillary Clinton.
Deficit Panel’s final findings: Mostly the same as the draft: These guys have offered up a plan that, among other things, would cut 200,000 federal jobs and trim defense spending. But will Congress go for it? source
» How will Congress adopt these ideas? Don’t expect a wholesale adoption of these ideas pushed forward by a bipartisan team of Alan Simpson and Erskine Bowles, but the ideas will definitely push Congress in a fiscally mindful direction.