Edward Kleinbard – Dodging a Looming Debt Ceiling Crisis



On August 9 Ian spoke with Edward Kleinbard, who served as Chief of Staff of the U.S. Congress’s Joint Committee on Taxation, joins us to discuss his article at The New York Times “The Debt-Ceiling Crisis is Real” and the likelihood that Mick Mulvaney, the Tea Party zealot who is now the White House Budget Director and his boss Trump, could destroy the full faith and credit of the United States and take away America’s greatest economic advantage of the U.S. dollar as the world’s reserve currency. They assess the possibility that there will be a fourth attempt by the House Republicans led by the Tea Party Freedom Caucus, to shut down the government in October over the debt ceiling as they have tried to do in 2011, 2013 and 2015.

Hear the Full Interview