Whether the U.S. can move beyond “deficit denial” may depend on three elected officials who will each present a budget plan early next year: President Obama, House Budget Chairman Paul Ryan (R-WI) and Senate Budget Chairman Kent Conrad (D-ND).
These three key players could just dig in, tend to their political bases and blame each other for the resulting gridlock. A better approach: compromise and careful consideration of the recommendations of two bipartisan commissions that proposed a mix of spending cuts and revenue increases.
These Three Wise Men Can Help Cut Deficit
Senate Budget Committee
House Budget Committee (Republicans)
Paul Ryan House Website
Kent Conrad Senate Website