Photo: #An uncut sheet of the Series 2001 one dollar bill notes at the Bureau of Engraving and Printing in Washington, DC.
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An uncut sheet of the Series 2001 one dollar bill notes at the Bureau of Engraving and Printing in Washington, DC. (Photo by Alex Wong/Getty Images)

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U.S. in Recession

Minnesota Public Radio coverage of the U.S. in recession.

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U.S. in Recession

A plan to address the $1.4 trillion federal deficit.

Broadcast: Midday, 12/16/2009, 11:00 a.m.

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The bipartisan Peterson-Pew Commission on Budget Reform presents a six-point plan this week to deal with the federal debt. The report is titled "Red Ink Rising--A Call to Action to Stem the Mounting Federal Debt."

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  • Tim Penny: Co-Chair of the Peterson-Pew Commission on Budget Reform. Co-Chair of the Committee for a Responsible Federal Budget. US Congressman (D-Minn) 1982-1994. Former Minn. State Senator. Co-author of 2 books, "Common Cents" and "Payment Due." President, Southern Minnesota Initiative Foundation.

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