A daily TV/radio news program, hosted by Amy Goodman and Juan Gonzalez, airing on over 800 stations, pioneering the largest community media collaboration in the U.S.
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Obama Warns Trillion-Dollar Deficit Could Lead to Extensive Government Budget Cuts
President-elect Barack Obama is warning the US deficit will top $1 trillion this year, leading to what he says could be extensive cuts to government budgets. Obama made the warning Tuesday as he meanwhile prepares an economic stimulus package that will cost almost the same amount. We speak with Dean Baker of the Center for Economic and Policy Research and Arun Gupta of The Indypendent newspaper. [includes rush transcript]
