The federal deficit has reached historic levels in recent years, even before Congress passed the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) in March 2020. Join us for a conversation with Lawrence H. Summers, former Secretary of the Treasury, and Maya MacGuineas, President of the Committee for a Responsible Federal Budget, on whether the growing federal deficit is sustainable for the United States economy. Betsey Stevenson, professor of economics and public policy, will moderate the discussion. Panelists will discuss the growing debate among economists and policymakers about whether the federal deficit presents a danger to the overall health of the U.S. economy.

For more information visit http://fordschool.umich.edu/events/2020/federal-deficit-unsustainable