Harnessing the Debt Ceiling Debate to Limit Government:
What Can Be Done to Check and Balance Washington?

Policy Forum
March 17, 2015 12:00 PM to 1:40 PM EDT

Policy Center with Foyer

Featuring Ilya Shapiro, Senior Fellow, Constitutional Studies, Cato Institute; Nick Dranias, President and Executive Director, Compact for America Educational Foundation; and Onkar Ghate, Senior Fellow and Chief Content Officer, Ayn Rand Institute; moderated by Roger Pilon, Vice President, Legal Affairs, Cato Institute.

On March 15, the statutory debt ceiling kicks in again — after a year of unlimited federal borrowing that has brought our national debt to the edge of $20 trillion. Of course, nobody is betting on the debt ceiling being maintained, which creates a huge problem for advocates of limited government. What in practical politics can hold back the growth of the federal government when unlimited borrowing capacity creates the illusion of limitless, cost‐​free resources? The participants on this panel will attempt to answer that question with a variety of solutions, ranging from leveraging trends in existing Supreme Court precedent to restoring the moral and social underpinnings of a free society to amending the U.S. Constitution using the Compact for a Balanced Budget. Please join us for a discussion on how to limit Leviathan.