Alice Rivlin was the first director of the Congressional Budget Office, and she has a few ideas about how to get our nation's budget in check. On this hour, she will be our guest to discuss the budget crisis in America. Then, in the last segment, we'll talk about the issue of sequestration.

Guests:

Alice Rivlin (Visiting Professor at the Public Policy Institute of Georgetown University and a Senior Fellow in the Economic Studies program at the Brookings Institution)

Scott Lilly (Senior Fellow at the Center for American Progress)