Sydney Morning Herald | Leading economist Ross Garnaut urges abolition of debt ceiling amid budget row ABC Online Leading Australian economist Ross Garnaut has suggested that the debt ceiling be scrapped, amid a political stand-off over raising the limit. The Federal Government wants to increase the cap to $500 billion but Labor and the Greens say they will only ... Debt checkpoints should replace ceiling, says Professor Ross Garnaut Ross Garnaut's prescription for prosperity: lower dollar and wages Scrap cap, don't raise it, says Garnaut |