Discussion: The Politics and Economics of the Shutdown and the Debt Ceiling
We are in week two of the federal government shutdown. On October 17th the government will run out of money to pay its bills unless the debt ceiling is raised by Congress. With the crisis looming in Washington, many are wondering: How did we get here? Why can't Congress and the President agree on a solution? Why did the government "shutdown" and what exactly is the debt ceiling? What does it mean if the government hits the debt ceiling or the shutdown continues?
Join Dr. Steve Horwitz (economics), Dr. Darby Morrisroe (government) and Dr. Walt Jatkowski (government) to discuss the current crisis in Washington and its implications.