The Federal Debt Ceiling and Federal Spending: Why They Matter
INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.
Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Harold Furchtgott-Roth.
Secretary of Treasury Yellen estimates that the federal government will reach its debt ceiling of $28.4 trillion on June 1. The House has passed a bill increasing the debt ceiling but also requiring cuts in federal spending. The White House wants the debt ceiling increased without conditions. Higher interest rates and the large size of the federal debt make reducing spending more important than at any time in recent memory.
Harold Furchtgott-Roth | Hudson
Harold Furchtgott-Roth, former commissioner of the Federal Communications Commission, is a senior fellow at the Hudson Institute, where he founded the Center on the Economics of the Internet and helped cofound the Forum for Intellectual Property. He is an adjunct professor of law at Brooklyn Law School and president of Furchtgott-Roth Economic Enterprises, an economic consulting firm. He has cofounded various businesses in the communications sector.
Dr. Furchtgott-Roth is the only economist to have served on the Federal Communications Commission.
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LISTEN TO THE INTERVIEW IN ITS ENTIRETY HERE:
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