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If we hit the debt ceiling, that's... essentially defaulting on our obligations, which is totally unprecedented in American history. The impact on the economy would be catastrophic.
Austan Goolsbee
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"If we hit the debt ceiling, that's... essentially defaulting on our obligations, which is totally unprecedented in American history. The impact on the economy would be catastrophic."
— Austan Goolsbee #moneywealth

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If we hit the debt ceiling, that's... essentially defaulting on our obligations, which is tota…

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If we hit the debt ceiling, that's... essentially defaulting on our obligations, which is totally unprecedented in American history. The impact on the economy would be catastrophic. — Austan Goolsbee

About Austan Goolsbee

Austan Goolsbee was a Public Servant from United States (1969–present).

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Frequently Asked Questions

Who said "If we hit the debt ceiling, that's... essentially defaulting on our obligations…"?
This quote is attributed to Austan Goolsbee, a Public Servant from United States.
When did Austan Goolsbee live?
Austan Goolsbee lived from 1969 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.