K-12 Tax & Spending Climate: Debt commission chiefs give gloomy fiscal outlook

Dan Balz:

The co-chairs of President Obama’s debt and deficit commission offered an ominous assessment of the nation’s fiscal future here Sunday, calling current budgetary trends a cancer “that will destroy the country from within” unless checked by tough action in Washington.
The two leaders — former Republican Senator Alan Simpson of Wyoming and Erskine Bowles, White House chief of staff under former President Bill Clinton — sought to build support for the work of the commission, whose recommendations due later this year are likely to spark a fierce political debate in Congress.
“There are many who hope we fail,” Simpson said at the closing session of the National Governors Association meeting. He called the 18-member commission “good people with deep, deep differences” who know the odds of success “are rather harrowing.”