Glasgow Daily Times, Glasgow, KY

Local News

October 8, 2012

‘Budget wonk’ will be analyzing debate closely

FRANKFORT — Maya MacGuineas is “a diehard political independent” and has been called an “anti-deficit warrior” by the Wall Street Journal.

She’s planning to pay close attention to Thursday night’s vice presidential debate between Republican Paul Ryan and Democratic incumbent Joe Biden from the campus of Centre College in little Danville.

 “I’ll watch it, and I’ll tape it, and then I’ll watch it again,” she said.

The self-proclaimed “budget wonk” is a regular on national news programs and often testifies before Congress on budget matters. She’s worked on Wall Street and for the Brookings Institute and her dad criticizes every speech she makes calling for changes to Social Security.

She’s got news for those on the left and on the right.

The country faces a dangerous fiscal cliff after the election and, regardless of who wins, the problem is the same: the need to cut $4 trillion from the national debt and the only way to do it is to look at every part of the budget and use every means available.

“It’s implausible you could do this all through spending cuts or all through revenue increases, and it’s clearly impossible unless you do it in a way that’s bi-partisan,” MacGuineas said during a phone interview with CNHI on Friday.

 

For the full story, read the Oct. 9 print or e-Edition of the Glasgow Daily Times.

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