By Kathryn Kopchik
LEWISBURG, Pa. — Bucknell University will host the panel discussion, "The Debt Ceiling Crisis: Politics and Economic Policy," on Monday, Sept. 26, at 7 p.m. in Trout Auditorium of the Vaughan Literature Building at Bucknell.
The discussion, which is free and open to the public, will be followed by a question-and-answer session. It is sponsored by the Bucknell Institute for Public Policy.
Panelists include Bucknell faculty members Chris Ellis, assistant professor of political science; John Enyeart, associate professor of history; Greg Krohn, associate professor of economics; Scott Meinke, associate professor of political science; Nancy White, professor of economics; and Amy Wolaver, associate professor of economics.
"During spring and summer 2011, the Congress and the President were embroiled in an intense debate over raising the federal debt ceiling and reducing future budget deficits," said Jan Knoedler, professor of economics at Bucknell and panel moderator.
"With this panel discussion, we plan to inform the audience about some political, historical, and economic perspectives on the federal debt ceiling and budget policy. We invite all members of the campus community and general public to this event," she said."
The Bucknell faculty panelists will address why Congress requires separate votes on spending, taxation and on the debt ceiling, and how these issues have been viewed historically; what the American public thinks of the debt ceiling debate, and to what extent do the policy decisions reflect the views of citizens; the causes of the rising debt and large budget deficits, in particular, how do tax policy, the economic recession, demographic changes, and health care costs factor into the deficit problem; and whether the agreement to raise the debt ceiling and reduce future deficits will solve the problem.
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