Advertisement

Opinion: A GOP economist explains why the debt limit must be raised

Share

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.

Economist Douglas Holtz-Eakin, former head of President George W. Bush’s Council of Economic Advisers, offers the following instructional video on the consequences of not raising the debt ceiling. It’s required viewing for anyone who argues that not lifting the current limit is a viable option. And hey, it’s simple and short!

(Hat tip to Time’s Michael Crowley, who wrote about Holtz-Eakin’s video earlier this week.)

Advertisement

RELATED:

What does ‘compromise’ mean?

It’s time for Congress to make a deal

Government: Gauging your debt-ceiling anxiety

Government: The GOP wins first round on the debt ceiling

-- Jon Healey


Advertisement