“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
[PREMIERING NOW] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
[Premiering 6/6, 7:30PM ET] David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
“For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do that, you need savings—real savings, not money printed by a central bank, but real savings from businesses and households,” says David Stockman, who served as budget director for President Ronald Reagan. “Back then, the public debt was 30-40…
LIVE 7 PM ET: Biden Addresses the Nation on Debt Crisis and the Bipartisan Budget Agreement
President Joe Biden delivers remarks on averting default and the bipartisan budget agreement at 7:00 p.m. ET on June 2. …
LIVE NOW: Biden Addresses the Nation on Debt Crisis and the Bipartisan Budget Agreement
President Joe Biden delivers remarks on averting default and the bipartisan budget agreement at 7:00 p.m. ET on June 2. …
Biden Addresses the Nation on Debt Crisis and the Bipartisan Budget Agreement
President Joe Biden delivers remarks on averting default and the bipartisan budget agreement at 7:00 p.m. ET on June 2. …
Congressional Republicans Host Bicameral Press Conference on the Debt Crisis
U.S. Congressional Republicans hold a bicameral press conference on the debt crisis at 11:15 a.m. ET on May 17. …
LIVE NOW: Congressional Republicans Host Bicameral Press Conference on the Debt Crisis
U.S. Congressional Republicans hold a bicameral press conference on the debt crisis at 11:15 a.m. ET on May 17. …
‘We Have to Pay Our Sins’: Lawmakers Must Negotiate Way Out of US Debt Crisis: Sen. Manchin
Senator Joe Manchin (D-W.Va.) has called on Republican and Democrat lawmakers to work together and resolve the debt crisis facing the United States, pointing out that both Trump and Biden have contributed to ballooning the country’s debt. America’s debt has hit the $31.4 trillion ceiling and it now needs to be raised, which requires lawmakers…
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