Episode description

Michael Strain is the Director of Economic Policy Studies and the Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute and is a returning guest to Macro Musings. Michael rejoins the podcast to talk about the looming debt ceiling crisis and his recent article on the issue titled, *Averting a Debt-Ceiling Disaster.* David and Michael specifically discuss the background, history and recent events leading up to the current crisis, how to impose fiscal discipline in a low interest rate world, solutions the US government could pursue, and more.

Transcript for the episode can be found here.

Michael’s Twitter: @MichaelRStrain

Michael’s website

Michael’s AEI profile

David’s Twitter: @DavidBeckworth

Follow us on Twitter: @Macro_Musings

Click here for the latest Macro Musings episodes sent straight to your inbox!

Check out our new Macro Musings merch here!

Related Links:

*Averting a Debt-Ceiling Disaster* by Michael Strain  

*House Republicans Prepare Emergency Plan for Breaching Debt Limit* by Jeff Stein, Leigh Ann Caldwell, and Theodoric Meyer

*Extraordinary Measures* by the Bipartisan Policy Center