"Almost every sensible economist ... recommends a blend of spending cuts and tax increases," columnist Jeffrey Simpson writes in Wednesday's column about the U.S. deficit and debt challenges. "This is precisely how the two bipartisan commissions achieved a final compromise. Unfortunately, their advice has been discarded."
Join Mr. Simpson at 2 p.m. ET on Wednesday as he takes reader questions about the debt ceiling and the political standoff over the U.S. budget.
(Reading this on a mobile device? Click here for a mobile-friendly version of the live chat.)