“A Citizen’s Guide to the Federal Debt Limit Debate”

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First Principles on First Fridays

“A Citizen’s Guide to the Federal Debt Limit Debate”

Veronique de Rugy
Senior Research Fellow, Mercatus Center

July 8, 2011

With debate over the possible increase of the federal debt limit dominating Congress, the question is whether brinksmanship will give way to statesmanship. How should citizens understand this debate, and what constitutional questions are at stake in it?

Veronique de Rugy is a senior research fellow at the Mercatus Center. She was previously a resident fellow at the American Enterprise Institute, a policy analyst at the Cato Institute, and a research fellow at the Atlas Economic Research Foundation. She writes a column for Reason magazine and is a regular contributor to The American. She also blogs at The Corner at National Review Online and at Big Government. She earned an M.A. in economics from the University of Paris IX-Dauphine and a Ph.D. in economics from the University of Paris-Sorbonne.