Budgeting for National Priorities

We’ve been telling... students and their families for years that college is the only way to succeed in the economy these days and of course there’s a lot of truth to that. On average it does pay off... But if you load up on a whole lot of student debt and then you don’t graduate, that is a very bad situation.

Don’t hold your breath [on Obama seriously tackling entitlement reform]. He has every reason to sit tight and play to his base. The American public is very much on his side.

[The fiscal cliff is] much larger than anything in the original stimulus package, except it’s going in the wrong direction. It’s slowing the economy instead of boosting it.