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Should Biden consider a Plan B when it comes to the debt ceiling crisis?

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CERL Affiliated Faculty Eric Orts spoke with The Andrea Mitchell Center Podcast about the debt ceiling crisis. In a conversation with Matthew Berkman, Prof. Orts expresses concern about Republican brinksmanship and urges Biden to consider executive actions that could prevent ruinous outcomes such as financial panic or a recession.

Eric Orts is the Guardsmark Professor at the Wharton School of the University of Pennsylvania where he has taught since 1991.  He is a tenured professor in the Legal Studies and Business Ethics Department with a secondary appointment in the Management Department.  He also serves as the faculty director of the Initiative for Global Environmental Leadership and faculty co-director of the FINRA/Wharton Certified Regulatory and Compliance Professional Program. His primary research and teaching interests are in business theory, corporate governance, environmental sustainability, securities regulation, and professional ethics. Read his bio here.

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Should Biden consider a Plan B when it comes to the debt ceiling crisis?