Economist Veronique de Rugy on Debt Debate

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The Daily Caller

Economist Veronique de Rugy on Debt Debate

Veronique de Rugy | Jul 09, 2011

Veronique de Rugy was interviewed by the Daily Caller about the debt-limit debate: 

Both Republicans and Democrats are trying to paint their opponents as irresponsible. The Obama administration, as well as the majority of Democratic Party politicians, claim that unless the debt ceiling is raised, America would almost immediately be forced to default on its debt obligations. But they rely on a number of assumptions, both about the debt itself and about America’s true range of options for making payments. Some economists like de Rugy, a Senior Research Fellow at GMU who studies budget and tax issues, view the administration’s claims as promoting a false choice to the American people.