How likely is a ‘grand bargain’ on the federal deficit?
The federal budget deficit was the focus of yesterday’s inaugural conference at the New Hampshire School of Law’s Warren B. Rudman Center for Justice, Leadership and Public Policy.
Ari Shapiro, White House correspondent for National Public Radio, moderated the event and asked participants in two panel discussions to rate the likelihood of President Obama and Congress achieving a meaningful “grand bargain” on the deficit this year. One is least likely and 10 is most likely.
∎ Former U.S. senator Phil Gramm: Two
∎ Former U.S. senator Bob Kerrey: Two
∎ Concord Coalition Executive Director Bob Bixby: Four
∎ Bipartisan Policy Center Senior Vice President Bill Hoagland: Five
∎ U.S. Sen. Kelly Ayotte: Six
∎ Former U.S. senator Pete Domenici: Seven
∎ U.S. Sen. John McCain: Seven
∎ Former OMB director Alice Rivlin: Seven