14
July
Obama's debt commission warns of fiscal 'cancer'
14 July 2010 The Washington Post
The co-chairmen of President Obama's debt and deficit commission offered an ominous assessment of the nation's fiscal future here Sunday, calling current budgetary trends a cancer "that will destroy the country from within" unless checked by tough action in Washington.
The two leaders -- former Republican senator Alan Simpson of Wyoming and Erskine Bowles, White House chief of staff under President Bill Clinton -- sought to build support for the work of the commission, whose recommendations due later this year are likely to spark a fierce debate in Congress.
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/11/AR2010071101956.html?hpid=topnews
