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.
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Transcript for the episode can be found here.
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Michael\u2019s Twitter: @MichaelRStrain
Michael\u2019s website
Michael\u2019s AEI profile
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David\u2019s Twitter:\xa0@DavidBeckworth
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Related Links:
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*Averting a Debt-Ceiling Disaster* by Michael Strain \xa0
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*House Republicans Prepare Emergency Plan for Breaching Debt Limit* by Jeff Stein, Leigh Ann Caldwell, and Theodoric Meyer
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*Extraordinary Measures* by the Bipartisan Policy Center