This debt ceiling fight brings up old overspending concerns
Feb 9, 2023

This debt ceiling fight brings up old overspending concerns

The fight playing out in Congress over the debt ceiling is being called different from previous spats about spending, but many arguments by Republicans today harken back to a longstanding unease with government overspending. We talk to Michael Boskin, a professor of economics at Stanford who headed the U.S. Council of Economic Advisors during George H.W. Bush's presidency, about his views on the dispute playing out in Washington. And, Disney's not-so-new CEO, Bob Iger, is running into a litany of challenges as he tries to boost the sagging entertainment giant. 

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What's really behind concerns about government overspending?

The current debt ceiling fight reflects old concerns about government debt, says economist Michael Boskin.
House Speaker Kevin McCarthy, above, is a player in the debt ceiling issue. Economist Michael Boskin, who led the Council of Economic Advisers under the first President Bush, says the current debt battle reflects concerns about excessive government spending.
Drew Angerer/Getty Images

Music from the episode

The team

Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Nick Esposito Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Olie D'Albertanson Producer, BBC