Joe Selvaggi talks with CATO Institute budget expert Chris Edwards about the details of the newly passed Fiscal Responsibility Act, which avoids crossing the debt ceiling in exchange for slowing spending growth.
Chris Edwards occupies the Kilts Family Chair in Fiscal Studies at Cato and is the editor of DownsizingGovernment.org. He is a top expert on federal and state tax and budget issues. Before joining Cato, Edwards was a senior economist on the congressional Joint Economic Committee, a manager with PricewaterhouseCoopers, and an economist with the Tax Foundation. Edwards has testified to Congress on fiscal issues many times, and his articles on tax and budget policies have appeared in the Washington Post, the Wall Street Journal, and other major newspapers. He is the author of Downsizing the Federal Government and coauthor of Global Tax Revolution. Edwards holds a BA in economics from the University of Waterloo and an MA in economics from George Mason University. He was a member of the Fiscal Future Commission of the National Academy of Sciences.