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WASHINGTON, DC- Feb. 03: Till von Wachter, associate professor of economics at Columbia University, and Raymond C. Scheppach, executive director of the National Governors Association, during the Senate Budget hearing on the U.S. economic recovery. (Photo by Scott J. Ferrell/Congressional Quarterly)

WASHINGTON, DC- Feb. 03: Till von Wachter, associate professor of economics at Columbia University, and Raymond C. Scheppach, executive director of the National Governors Association, during the Senate Budget hearing on the U.S. economic recovery. (Photo by Scott J. Ferrell/Congressional Quarterly)

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