David Wessel: Congressional Budget Agreement a Pretty Small Deal

David Wessel, senior fellow and director of the new Hutchins Center on Fiscal and Monetary Policy at Brookings and economics editor for the Wall Street Journal, discussed the new budget deal in Congress on WSJ Live. After noting that the opportunity still exists for another showdown on the debt ceiling, Wessel said the “odds on that are limited,” and then spoke to the parameters of the deal.