Terrence Mcnally Podcast

Aired 04/03/11 Today one of our two major political parties - nationally and in state capitols -- is unwilling to consider raising taxes no matter what the circumstances. Though most of Washington's officials and media are hysterical about the deficit, and willing to hurt anyone in an effort to reduce it, both parties voted in December to extend tax breaks for the wealthiest Americans for two more years. I last interviewed today's guest, Pulitzer Prize winning tax writer, DAVID CAY JOHNSTON in January 2009 on the day of Barack Obama's inauguration, We talked then about how we could make the most of the opportunity presented by the financial catastrophe. Did the bailouts make sense? and What could we do that would be smarter, more efficient, more effective - that might work? DAVID CAY JOHNSTON worked as an investigative reporter for several newspapers. He was with the Los Angeles Times from 1976 to 1988, and at the New York Times from 1995-2008 where he won a Pulitzer Prize for his innovative coverage of