David Stockman Predicts the Debt Ceiling Won’t Be Raised, ‘There Will Be a Shutdown’ this Summer

Bloomberg Business, Released on 6/12/17

Stockman appears on ‘Bloomberg Markets’ to discuss fiscal policy.

David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author, most recently, of The Great Deformation: The Corruption of Capitalism in America.

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