David Walker discussed his ideas for averting the “fiscal cliff,” and his view that even if this fiscal emergency is solved it does little to diffuse the underlying problem plaguing the U.S. economy: the growing national debt. He responded to telephone calls and electronic communications.
Nancy Calo read news headlines from C-SPAN Radio at the end of the program.
“Fiscal cliff” refers to the impending tax increases and budget cuts at the end of 2012 if congress failed to reach a budget agreement.