The David Rubenstein Show cover image

Jerome Powell

The David Rubenstein Show

CHAPTER

Are You Worried About the Debt Limit Not Being Extended?

When COVID hit the economy and we injected $5 trillion of physical policy into the economy, would you say in hindsight that was a mistake or was the right policy at the time? You've got a very, very strong labor market but you have high inflation. So some people are worried about the federal debt limit and we might not be able to extend it on time. This really can only end one way and that is with Congress raising the debt ceiling in a timely fashion.

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