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This morning's chat with KPCC's Steve Julian looks at the tug-of-war among Congressional Republicans about reducing the deficit versus maintaining defense spending at current levels (thus preventing layoffs in the Congressional districts that the lawmakers represent). Available at KPCC.org and podcast (Business Update with Mark Lacter). Transcript is after jump.
More by Mark Lacter:
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Those awful infographics that promise to explain and only distort
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Further fallout from airport shootings
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.