Maya MacGuineas on Spending Bills, Risk of a Shutdown

The video discusses the potential for a government shutdown and compares it to a government default, emphasizing the chaotic budget process. It highlights the challenges of the Fiscal Responsibility Act, the need for budget reform, and the role of a fiscal commission. The debt ceiling's impact on fiscal legislation is also analyzed, stressing the importance of reforming it to prevent default risks.

What suggestions does the speaker provide for reforming the budget process?

How does the speaker view the role of the debt ceiling in fiscal policy?

What are the potential consequences of not addressing the issues in the budget process as mentioned in the text?