Shows & Panels
- Accelerate and Streamline for Better Customer Service
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Client Virtualization Solutions
- Data Protection in a Virtual World
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Feds in the Cloud
- Health IT: A Policy Change Agent
- IT Innovation in the New Era of Government
- Making Dollars And Sense Out of Data Center Consolidation
- Navigating the Private Cloud
- One Step to the Cloud, Two Steps Toward Innovation
- Path to FDCCI Compliance
- Take Command of Your Mobility Initiative
Shows & Panels
Bowles: 'No easy way' to get books back in order
Thursday - 1/10/2013, 8:12am EST
WASHINGTON (AP) - The co-chairman of the U.S. deficit commission calls failure to agree on a plan to reduce the national debt "the most disappointing thing in my life."
Erskine Bowles says "what is going on in Washington is absolutely nothing."
Bowles, a former White House chief of staff for President Bill Clinton, tells MSNBC nobody gets "a gold star" for deficit reduction in connection with the recent deal to avoid the fiscal cliff.
Bowles, who co-chaired the deficit panel with former Sen. Alan Simpson, says "there's no easy way out. The solutions are painful."
He also says Washington must come up with at least $4.7 trillion in deficit reduction. Failing that, he says, "we're not going to have any money left over to spend on anything else" but servicing the debt.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)