Facing The Future: Why the Debt Limit Doesn’t Control the Debt

This week on Facing the Future we’ll look at the nation’s statutory debt limit. What is it? Why doesn’t it work to control the growing debt and are there viable alternatives? To get answers and perspectives, we’ll talk to Susan Irving, of the Government Accountability Office (GAO). Sue is Senior Advisor to the Comptroller General of the United States and she specializies in federal debt and fiscal issues. Concord Coalition Policy Director Tori Gorman joins me for the conversation.