Analysis: Debt ceiling 'grand bargain' needed
Friday - 7/15/2011, 6:35pm EDT
Maya MacGuineas, director of the Fiscal Policy Program, New America Foundation
Click here to listen to the interview.
As the debt ceiling debate heats up, political pressure from across both sides of the aisle have cooled any talk of a "grand bargain," that could avert a government default.
But Maya MacGuineas, president of the Committee for a Responsible Federal Budget and the director of the Fiscal Policy Program at the New America Foundation, told Federal News Radio such a compromise could still happen. And it would be good news not only for the government's credit score but also the country's longterm economic picture, she said.
