Shai Akabas

Shai Akabas, a Vice President at the Bipartisan Policy Center, dives into the complexities of the U.S. debt ceiling. He discusses how Congress's decisions impact the nation’s ability to manage debt, the looming 'X-Date' that could spell disaster for the economy, and historical crises that have shaped the current landscape. Akabas shares insights on how transparency is vital amidst political chaos and misinformation, and emphasizes the urgency of raising the debt limit to secure fiscal stability. It's a thought-provoking look at our financial future!

Shai Akabas, Director of Economic Policy at the Bipartisan Policy Center, dives deep into the complexities of the U.S. debt ceiling, currently at $31.4 trillion. He discusses the urgency of upcoming negotiations and the potential economic fallout if Congress fails to act. Shai shares insights from the 2011 debt ceiling crisis, emphasizing the historical context shaping today's discussions. He also explores unconventional strategies, like the trillion-dollar coin, and the vital need for accurate information to avoid an economic disaster.