Monthly Archives: May 2023

WSJ-The Real Stakes of the Debt-Ceiling Fight

Unrestrained spending would crowd out private economic activity and risk triggering a recession. By Phil Gramm and Mike Solon May 21, 2023 5:04 pm ET House Speaker Kevin McCarthy last month mustered the votes for a bill to raise the debt ceiling, thanks in no part to his Democratic colleagues. His victory shifted the topography...
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