Economist David Henderson discusses the U.S. debt crisis and what we can learn from how Canada handled its own looming fiscal catastrophe in the mid-1990s. Related material: Mercatus Center Working Paper No. 11-25, “Canada’s Reversed Fiscal Crisis” by David R. Henderson and Jerrod Anderson (May 2011) Mercatus Center Working Paper No. 10-52, “Canada’s Budget Triumph” by David R. Henderson (August 2010) More on the U.S. debt crisis deal in Congress from Tax Foundation analyst Nick Kasprak here. To listen to the podcast: Play the audio above or right-click on the audio file below, and select “Save Target As.”