Erskine Bowles sat next to me on the plane today

Posted on March 7, 2011. Filed under: Uncategorized |

Though his role as the former White House Chief of Staff was interesting, I was much more intrigued by his work on the Debt Commission. Contrary to what most believe, he thinks that the Senate will, in fact, take up the Debt Commission’s recommendations. He is testifying before Congress several times and revealed that Senators Warner and Chambliss will soon drop legislation that will alleviate debt issues.

It’s not a “party issue” he said. “Right now we are still the best horse in the glue factory but we got to fix things so young people like you, (thanks Erskine, you are mischievous!), are not saddled with debt.” We all know that extraordinary inflation is coming.

Bowles thought back on the days when he locked himself in a room with Newt Gingrich to hammer out the Balanced Budget Act of 1997. That’s what we need. Just lock up in a room and get it done!! Cut the fat!!

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