William Dickens, University Distinguished Professor of Economics and Social Policy, predicts that a budget deal to avoid the fiscal cliff won’t be finalized before the Jan. 1 deadline.
Stephen E. Flynn, founding co-director of the Kostas Research Institute, discussed homeland security with a Senate committee on Wednesday.
Professor Kristin Madison examines the potential outcomes of the Supreme Court’s upcoming ruling on President Obama’s signature health-care legislation.
The contentious debate over the debt ceiling became one of this summer’s hottest news stories. We asked Dan Kennedy, assistant professor of journalism at Northeastern University, to assess the overall coverage as well as the challenges journalists face when reporting any politically charged story.
Earlier this week, President Obama signed a bill passed by Congress that would raise the debt ceiling and avoid default. The combative negotiations that preceded the deal, however, highlighted the deep political divide in Washington. We asked Robert Gilbert, the Edward W. Brooke Professor in Northeastern’s Department of Political Science, to examine the political climate in light of this deal, and what it means for the 2012 elections.
Congress and President Obama reached a last-minute agreement on Tuesday to raise the nation’s debt ceiling, and avoid default. However, the crisis has damaged the United States’ standing in the world’s economy, according to Kamran Dadkhah, an associate professor of economics at Northeastern University.
Treasury Secretary Timothy Geitner says Congress has until August 2nd to approve an increase in the federal debt limit — enabling the Treasury to borrow more money — or the U.S. government will not be able to meet all of its financial obligations. Here, Northeastern finance and economics instructor Richard Goettle discusses what could happen to the economy if Congress and the White House fail to find common ground.
On Monday, Treasury Secretary Timothy Geithner told Congress the U.S. has reached its debt ceiling — the limit on how much money the government can borrow. Not only has raising this limit been at times a contentious political issue, it also raises larger issues related to the U.S. economy’s long-term health, says Kamran Dadkhah, associate professor of economics at Northeastern University.