But Can We Afford It?
Following one of the most polarizing and contentious electoral cycles in modern memory, two former D.C. insiders will interrogate the public understanding of the federal budgeting process.
“THAT’S A GOOD IDEA…BUT HOW WILL YOU PAY FOR IT?”
This is the question posed to every candidate who has ever had an idea for any program ever. Following one of the most polarizing and contentious electoral cycles in modern memory, it’s time to discuss what that question really means. Together, two former D.C. insiders will interrogate the public understanding of the federal budgeting process.
Stephanie Kelton - former Chief Economist, U.S. Senate Budget Committee; economic advisor to Bernie Sanders 2016 Presidential Campaign; recognized as a member of the 2016 Politico 50
Amar Reganti - former Deputy Director of the Office of Debt Management, U.S. Treasury; Strategist, GMO, LLC.
Topics to be covered:
- The relationship between federal government taxes and outlays
- The function of the market for U.S. Treasuries and the meaning of “national debt”
- The legal constraints of the U.S debt ceiling
- The relationships between government spending, the “money supply”, and inflation
- The status of the U.S. dollar as a global reserve currency
Co-sponsored by the Harvard Law School Forum and the Harvard Law School Tax Law and Financial Regulation Students Association. HLS’s own Daniel Sufranski, ‘18, to moderate.