Taxpayers Are Getting a Free Lunch. A Debt-Ceiling Fight Could End It

Taxpayers Are Getting a Free Lunch. A Debt-Ceiling Fight Could End It

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About the authors: Arvind Krishnamurthy is the John S. Osterweis professor of finance at the Stanford Graduate School of Business. Hanno Lustig is the school’s Mizuho Financial Group professor of finance. Both are senior fellows at the Stanford Institute for Economic Policy Research. The last time…

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