Center for American Progress Action

MEDIA CALL ADVISORY: Why Raising the Debt Limit is Imperative
Press Advisory

MEDIA CALL ADVISORY: Why Raising the Debt Limit is Imperative

Washington, D.C. — As tensions around a deal to raise the debt limit continue to rise, some of the world’s most respected economists will present a letter to Congress urging them to move forward and act swiftly without sharply cutting federal spending. In this letter, economists argue that the debt limit must be raised because failure to do so would cause devastating global and domestic economic consequences.

To give reporters an opportunity to review the letter with some of the signatories, the Economic Policy Institute and Center for American Progress will hold a press call on Wednesday, June 29, 2011, at 1:00 p.m. EDT to discuss the real effects of the debt limit on the nation’s struggling economy. Join Nobel Prize-winning economist Robert M. Solow, former CEA Chairman Alan Blinder, and EPI’s Lawrence Mishel to discuss the implications of delayed action and ignoring revenues in a debt limit deal.


Robert M. Solow, Nobel Laureate; President, Cournot Centre for Economic Studies

Alan Blinder, Professor of Economics and Public Affairs, Princeton University; former Vice Chairman, Federal Reserve System’s Board of Governors; former Member, Council of Economic Advisers

Lawrence Mishel, President, Economic Policy Institute

Moderated by:

Heather Boushey, Senior Economist, Center for American Progress

WHAT: Media conference call to discuss why we must raise the debt ceiling.

WHEN: Wednesday, June 29, 2011, at 1:00 p.m. EST

Call-in: 877.210.8943

Conference ID: 78810111

***Note this call will be recorded. By dialing into this call you consent to be recorded.***


The Economic Policy Institute, or EPI, is an independent, nonprofit, nonpartisan research institute—or "think tank"—that researches the impact of economic trends and policies on working people in the United States and around the world.