The Congressional Budget Office said Wednesday that Sen. Harry Reid's debt ceiling plan falls short of the kind of deficit reduction the proposal envisions, sending the Senate minority leader back to his numbers crunchers to try and find more savings.
The CBO, a non-partisan heartbreaker of a government agency that estimates for lawmakers what their proposed policies are likely to cost, sort of Washington's version of the Delphic oracle, told Reid that his plan would cut the deficit by $2.2 trillion over a ten year period from 2012 to 2021.
In an interview with Tell Me More's Michele Martin, the Class of 1943 Professor at Princeton University took some heavy shots at the budget plans presented this week by Democrats and Republicans, who he believes are in the pocket of "Wall Street oligarchs and corporate plutocrats":
After more than four months, NFL players and owners have reached an agreement to end the lockout. NFL Players Union Head DeMaurice Smith tells host Michel Martin what he's most grateful about under the new deal and what was the toughest to give up. They also discuss what players were doing during the lockout, and what fans can expect this fall.