News - Austan Goolsbee
AUSTIN, Texas, Feb. 15 /PRNewswire/ -- Summary On Feb. 22, 2010, CreditCards.com will host a live, interactive online video town hall discussion of credit card reform during which consumers can directly ask questions of White House economic adviser Austan Goolsbee.
White House advisers displayed a cool reaction to the bonus pay tax that would target US firms that reward employees with bailout-backed funds.
Balancing the federal budget during Barack Obama's first term would be a mistake, an economic adviser to the president-elect said. In the short run, we're facing a very large deficit but it's one that we have to incur, Obama economic adviser Austan Goolsbee said on MSNBC, the Politico reported Wednesday. If you try to reduce the deficit or balance the budget in the face of the stiffest recession in decades, you threaten to repeat the mistake that caused the Great Depression, Goolsbee said. Obama said Tuesday that budget reform was a necessity.

