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Tue, Feb 14, 2012 -- 9:00 AM

Obama's New Budget


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Alex Wong/Getty Images
Alex Wong/Getty Images

President Obama's $3.8 trillion budget proposal calls for hiking taxes on the rich and spending more on transportation infrastructure and economic stimulus programs. Republicans say the budget doesn't have a chance at approval, and that Obama is playing politics. We debate the budget and discuss its potential impact on California.

Host: Michael Krasny

Guests:

  • Alan Viard, economist and resident scholar at the American Enterprise Institute, former senior economist at the Federal Reserve Bank of Dallas and a former senior economist on the President's Council of Economic Advisers under George W. Bush
  • Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities and former chief economist and economic adviser to Vice President Joe Biden
  • Michael Doyle, reporter with the Washington Bureau of McClatchy Newspapers

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