debt ceiling

Ford School economics professor Betsey Stevenson is widely tapped for her comprehensive knowledge of the state of the U.S. economy. When the debt ceiling deal was reached between President Biden and the GOP in Congress, she told NPR that the...

Though the debt ceiling crisis was averted by a deal in Congress to raise the ceiling and cut some spending, Ford School economics professor Betsey Stevenson argues that there will be long-term costs for the U.S. economy. In a guest column in The...

Ford School economics professor Justin Wolfers has been saying that a recession does not seem likely, given continuing strong employment numbers. The threat of a default, on the other hand, could have been disastrous. Here are some excerpts of his...

In the run-up to conclusion of the debt ceiling negotiations, Ford School economics professor Betsey Stevenson was widely sought out for her expertise on the implications of the crisis, as well as the various signals from the U.S. economy on...

Ford School experts share insights as the clock ticks down toward a U.S. government default—and whether a deal can keep a financial concern from devolving into a full-blown crisis.  They discuss where things stand with the debt-limit debate...

Justin Wolfers, ABC Australia: If a deal isn't reached, a lot of people on Wall Street are warning of very severe circumstances, a financial crisis, which would trigger a recession, which would lead to widespread joblessness. I want to be more...

As the United States heads toward its debt-ceiling deadline, political leaders are posturing as they struggle to find a compromise to prevent default. In response, over 200 U.S. economists, including Professor Betsey Stevenson, sent a letter to...

As the 118th Congress begins, Americans’ trust in Congress and government is at an all-time low. Economist Betsey Stevenson lends her expertise to members of Congress in a new article for the Peter G. Peterson Foundation. First, Stevenson says,...

Justin Wolfers, One News Page: "The person who raises your credit card limit is the credit card company. It's the lender. Speaker McCarthy is part of the government. The government is the borrower. The only choice the borrower makes, and we all face...

As Congress continued to debate the debt ceiling this week, Betsey Stevenson weighed in. "I want to clarify that the debt ceiling fight is not a fight over how much debt we should have. When we debate how much we're going to spend and how much...

This week, Betsey Stevenson spoke to NPR and PBS about the economic fallout of the COVID-19 pandemic, from supply chains around the world, to a changing workforce, and U.S. government debt. "COVID's affecting the entire world. There are entire...