This week’s bipartisan deal to raise the debt limit and achieve
some spending reductions will do little in the way of actual
spending cuts, defers all the tough decisions on spending and debt
to a “SuperCongress” committee and will do little to protect the
United States credit rating. Cato Institute Senior Fellows Dan
Mitchell and Jagadeesh Gokhale and Director of Tax Policy Studies
Chris Edwards comment on the debt deal. Produced by Caleb O. Brown
and Austin Bragg.