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Jeffrey Simpson (Brigitte Bouvier For The Globe and Mail)

Jeffrey Simpson

(Brigitte Bouvier For The Globe and Mail)

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Jeffrey Simpson: In Washington, reasonable people are in short supply Add to ...

"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.)

<iframe src="http://www.coveritlive.com/index2.php/option=com_altcaster/task=viewaltcast/altcast_code=1c3307a8f8/height=650/width=460" scrolling="no" height="650px" width="460px" frameBorder ="0" allowTransparency="true" ><a href="http://www.coveritlive.com/mobile.php/option=com_mobile/task=viewaltcast/altcast_code=1c3307a8f8" >Jeffrey Simpson on U.S. debt</a></iframe>

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