Does national debt matter during the coronavirus crisis?
The Congressional Budget Office is set to preview its revised outlook for 2020 to 2030 later on Wednesday. While Congress is at a standstill over another stimulus package, some economists are saying that deficits don't matter at this point in the crisis. Douglas Holtz-Eakin, president of the American Action Forum and former CBO director, and Maya MacGuineas, president of the Committee for a Responsible Federal Budget, join "Squawk Box" to discuss whether the federal deficit is a big problem.