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Real-World Economics Review

Baker Says Markets May Panic as Debt Deadlines Near

July 15 (Bloomberg) -- Dean Baker, co-director of the Center for Economic and Policy Research, talks about the outlook for U.S. markets as lawmakers continue negotiations over reducing the budget deficit and raising the nation's debt limit. Baker speaks with Deirdre Bolton on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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Dean Baker: Deficit, the Biggest Distraction

The deadline to raise the country's debt limit is now only little more than a month away. President Obama has hosted Harry Reid and Mitch McConnell at the White House, in separate meetings. Can he get them to come to an agreement, and maybe put some tax cuts on the table? Center for Economic and Policy Research's Dean Baker discusses.

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