Chris Russo on the 2021 Debt Limit Fight, Its Potential Impacts, and Solutions for Reform

Chris Russo is a post-graduate research fellow in the Monetary Policy Program of the Mercatus Center at George Mason University and is a former economist at the New York Federal Reserve Bank. He re-joins Macro Musings to talk about the growing concerns over the US debt ceiling, what it could mean for the economy, and how to fix the issue.   Transcript for the episode can be found here.   Chris’s Twitter: @RussoEcon Chris’s Mercatus profile: https://www.mercatus.org/scholars/christopher-russo Chris’s Github site: https://christopher-russo.github.io/about/   Related Links:   *Permanently Suspend the Debt Limit* by Christopher Russo https://thehill.com/opinion/finance/553827-permanently-suspend-the-debt-limit   *What the Fed Will Do if Congress Doesn’t Fix the Debt Ceiling* by Christopher Russo https://www.barrons.com/articles/inside-the-feds-playbook-for-a-dollar-default-51622055588   *America’s Need to Pay Its Bills Has Spawned a Political Game* by Jim Tankersley https://www.nytimes.com/2021/09/26/business/economy/america-debt-limit-political-game.html   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth