We landed an interview with Kent Conrad, the Democratic chairman of the Senate Budget Committee yesterday to talk about the president’s plans to restore fiscal sanity to Washington.
Conrad says, “We're headed for a cliff. A fiscal cliff." He’s trying to sound the alarm and get people to pay attention to the fact that the nation’s deficit is now projected to be 1.8 trillion dollars this year. A record when it comes to red ink.
He fears the president will not be able to keep his promise to cut the deficit in half in four years. Why? Check out our story and find out: