Summary:
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:
Robert Hockett proposes essentially the same solution that I have recently — ignore the debt ceiling it is invalid legally.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:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
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