The Hill News

Clearly one of the biggest challenges for the Obama administration and Congress next year will be what to do about deficit reduction. It is complicated and very hard. Let’s take an initial look at some of the challenges.

Lots of new and returning House and Senate members campaigned on doing something about the deficit, and the president’s deficit reduction commission made some sweeping recommendations. Certainly the president will address this in his State of the Union message in January, and probably in his budget to be delivered to Congress in late January or early February.

Here are the problems as I see them.

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