The Cost and Impact of Modern Monetary Theory (MMT)

Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget (CRFB), where he guides and conducts research on a wide array of topics related to fiscal policy and the federal budget. Marc joins Macro Musings to talk about the US government budget, its structure, its challenges, and its long-term trajectories. David and Marc also discuss the basics of government shutdowns and the budgetary process, how the most recent inflationary episode unfolded, how to fix the US budget over the long run, and a lot more.

Transcript for this week’s episode.

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Related Links:

*Government Shutdowns Q&A: Everything You Should Know* by the Committee for a Responsible Federal Budget

*Retirees Face a $17,400 Cut if Social Security Isn’t Saved* by the Committee for a Responsible Federal Budget

*Amid GOP Confusion, U.S. Braces for ‘First-ever Shutdown About Nothing’* by Jeff Stein