Bush's veto of the immensely popular SCHIP bill heated the spending and taxes debate among our nation's political leaders this week.

ABC News covered the President's decision, and also looked at the overarching topic of America's fiscal problems in an interview with Committee for a Responsible Federal Budget President Maya MacGuineas.

MacGuineas said that "SCHIP is kind of an odd choice to be the poster child of fiscal responsiblity... There are so many parts of the budget -- through out trillions of dollars -- where we can point to things that we should probably being spending less on."

For MacGuineas' complete ABC News interview, where she also talks about Social Security and presidential candidates' positions on raising taxes, please click on this link.