Federal debt commission forming

National Debt ClockPresident Obama will name GOP ex-Sen. Alan Simpson and former Clinton White House Chief of Staff Erskine Bowles to co-chair a bi-partisan commisson – being created by executive order – to tackle the federal debt.  Political Science Professor Graham Wilson, author of “Business and Politics,” says Republican congressional leaders will be challenged to cooperate.

“Everyone knows that spending cuts won’t be enough to rebalance the budget once we get out of the recession Obama inherited — yet the Tea Party movement makes it harder for Republicans to accept any tax increases. On the other hand, the public already sees Obama as trying to be bipartisan and the Republicans refusing to play.”

Contact Graham Wilson, 617-353-2540, gkwilson@bu.edu

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