Robert Hockett proposes essentially the same solution that I have recently — ignore the debt ceiling it is invalid legally.Hockett: The budget is its own debt ceiling.…We don't need gimmick vs. gimmick when we have budget lawWOLF: What about the other ideas to get past the debt ceiling? Trillion dollar coins and such?HOCKETT: The wonderful thing from my point of view here is we don't need any of those gimmicks. We just have a little garden-variety budget law on our side, and so we don't really have to resort to anything kind of unusual or surprising or gimmicky..…Kake NewsA simple way Biden could stop this drama and ignore the debt limit Zachary B. Wolf, CNN interviews Robert Hockett, a law professor at Cornell University who specializes in public finance and consults for the
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Nick Falvo writes Canada’s 2024 federal budget: What’s in it for rental housing and homelessness?
Robert Vienneau writes Precursors Of The Modern Revival Of Classical Political Economy
NewDealdemocrat writes The snooze-a-than in jobless claims continues; what I am looking for in tomorrow’s jobs report
Bill Haskell writes Monthly payments could get thousands of homeless people off the streets
Hockett: The budget is its own debt ceiling.…Kake NewsWe don't need gimmick vs. gimmick when we have budget law
WOLF: What about the other ideas to get past the debt ceiling? Trillion dollar coins and such?
HOCKETT: The wonderful thing from my point of view here is we don't need any of those gimmicks. We just have a little garden-variety budget law on our side, and so we don't really have to resort to anything kind of unusual or surprising or gimmicky..…
A simple way Biden could stop this drama and ignore the debt limit
Zachary B. Wolf, CNN interviews Robert Hockett, a law professor at Cornell University who specializes in public finance and consults for the International Monetary Fund and the Federal Reserve Bank of New York