Alan Auerbach Warns of Ballooning Federal Deficit

The Wall Street Journal, January 5, 2010 by Mark Whitehouse
http://online.wsj.com/article/SB126255761275914079.html#printMode (requires registration; go to G:\Law School in the News\News Clips for article)

“We’ve moved closer to the precipice, and the precipice has moved closer to us,” Alan Auerbach, an economist at the University of California, Berkeley who has focused on U.S. government finances for about 15 years, said in an interview.