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Smith Business Close-Up: A Fast-Approaching U.S. Debt Ceiling

Jun 23, 2010
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The U.S. debt is ticking away past $14 trillion and threatens to hit the current federally imposed limit on how much we borrow to keep our economy afloat. What are the impacts if this limit is not raised in time as lawmakers squabble of the details of how to manage the country’s debt crisis?

In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Dr. Curt Grimm talks about the fast-approaching collision of the federal debt with the current ceiling limit, and the looming deadline for Congress to act on increasing the ceiling.

Grimm, the Dean’s Chair Professor of Supply Chain and Strategy, teaches the MBA course on the global economy and closely follows the impacts of the U.S. economy on the rest of the world. His research has focused on the interface of business and public policy with strategic management, with a particular emphasis on competition, competition policy, deregulation and microeconomic reform both in the U.S. and overseas. This research has resulted in four books and more than 80 published articles.

Smith Business Close-Up is co-produced by the Robert H. Smith School of Business and Maryland Public Television. The television segment focuses on the latest thinking in business management, and features in-depth interviews with Smith School faculty and other members of the school’s community of business leaders.

Where to Watch
Smith Business Close-Up can be seen bi-weekly on Maryland Public Television's Your Business and Money. The program airs at 7:30 p.m. on Thursdays and is repeated the following Sunday at 7:30 a.m. on public television stations throughout Maryland and the Washington, D.C., metropolitan region, including:

  • WMPB-TV (Ch. 67), Baltimore
  • WMPT-TV (Ch. 22), DC metro/Annapolis
  • WCPB-TV (Ch. 28), Salisbury
  • WFPT-TV (Ch. 62), Frederick
  • WWPB-TV (Ch. 31), Hagerstown
  • WGPT-TV (Ch. 36), Oakland

About the University of Maryland's Robert H. Smith School of Business 

The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and part-time MBA, executive MBA, online MBA, MS in business, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.