August 29, 2011 Canada’s Lessons for the U.S. Debt Crisis Print this page Subscribe Support our work 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. taxfoundation.org/podcasts/podcast_20110825_david%20henderson.mp3″ height=”27″ type=”application/x-shockwave-flash” width=”400″> To listen to the podcast: Play the audio above or right-click on the audio file below, and select “Save Target As.” Topics Center for Federal Tax Policy Center for Global Tax Policy Business Taxes Individual and Consumption Taxes