security and medicare trustees, robert reischauer who stated quote, the longer we delay the greater risk of catastrophic economic consequences. the magnitude of the adjustments is so large that raising taxes on the rich or corporations, closing tax loopholes, eliminating wasteful or though pretty programs in prohibiting caremark simply won't be enough, unquote. finally, when he served as cbo director, dr. peter orszag in a letter to paul martin stated the tax rate for the lowest tax bracket would have to be increased from 10% to 25%. attacks again and comes in at 25% brack it would be increased to 63% in the tax rate of the highest bracket would have to be raised from 35% to 80%. the top corporate income tax rate would also increase from 35% to 80%. so the ability, wisdom and consequences of addressing our debt crisis or tax increases will continue to constitute a rigorous debate by her committee. my hope is that we may be able

he had robert reischauer, robert wolf, this dynamic chairman, the head of pbs. he cast them aside when things got tough in the fall of 2008. he kind of broke into a cold sweat a little bit. he said, i have to save the economy. i need to the pros. very seasoned old hands. they came one after the other. he actually offered, they offered of rubin a dollar a year job to have an office in the white house. the godfather of whole old school clinton team. those guys really ran the show. the president breaks free to be more autonomous. a lot of that is not until 2010. larry and tim have a long history together. orzag breaks off from the trio. he gets to do more with the president wants, serve him directly. that makes him an out liar. the conversations between the three end up being defining a policy with the without the president's figure prince. some things are already done and prepackage. other times, we have a problem of slow walking. the president makes a decision and one of these guys says he does not know what he is deciding. that is very troubling. part of the boo

the simpson/bowles was former cbo director and current social security and medicare trustees, robert reischauer who stated quote, the longer we delay the greater risk of catastrophic economic consequences. the magnitude of the adjustments is so large that raising taxes on the rich or corporations, closing tax loopholes, eliminating wasteful or though pretty programs in prohibiting caremark simply won't be enough, unquote. finally, when he served as cbo director, dr. peter orszag in a letter to paul martin stated the tax rate for the lowest tax bracket would have to be increased from 10% to 25%. attacks again and comes in at 25% brack it would be increased to 63% in the tax rate of the highest bracket would have to be raised from 35% to 80%. the top corporate income tax rate would also increase from 35% to 80%. so the ability, wisdom and consequences of addressing our debt crisis or tax increases will continue to constitute a rigorous debate by her committee. my hope is that we may be able to achieve rigorous agreement that fundamental tax reform, even just limited to american businesses can res