Current:Home > FinanceSimon says we're stuck with the debt ceiling (Encore) -Elevate Profit Vision
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-23 07:12:57
This episode originally came out in October 2021.
Showdowns over the debt ceiling are like football — both are quintessentially American games.
It wasn't always this way, says Simon Rabinovitch of The Economist. The debt limit was originally supposed to make it easier for the government to spend money. Today on the show, we go from the original debt ceiling to "debt brakes" and "debt anchors."
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
veryGood! (85)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- Aryna Sabalenka, soon to be new No. 1, cruises into U.S. Open semifinals
- Kourtney Kardashian reveals she underwent 'urgent fetal surgery' to save baby's life
- Felony convictions vacated for 4 Navy officers in sprawling scandal
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Lawyers claim cable TV and phone companies also responsible in Maui fires
- Alabama Barker Reveals Sweet Message From “Best Dad” Travis Barker After Family Emergency
- How Pippa Middleton and James Matthews Built Their Impressive Billion-Dollar Empire
- Travis Hunter, the 2
- Suspect wanted in 2019 ambush that killed 9 American citizens is arrested in New Mexico
Ranking
- B.A. Parker is learning the banjo
- Bruce Springsteen postpones September shows, citing doctor’s advice regarding ulcer treatment
- Pregnant Kourtney Kardashian Speaks Out After Hospitalization for Urgent Fetal Surgery
- An Idaho woman convicted of killing two of her children and another woman is appealing the case
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Dramatic shot of a falcon striking a pelican wins Bird Photographer of the Year top prize
- Suspect sought after multiple Michigan State Police patrol vehicles are shot and set on fire
- Vermont man tells police he killed a woman and her adult son, officials say
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Spanish women's soccer coach who called World Cup kissing scandal real nonsense gets fired
West Virginia University faculty express symbolic no confidence in President E. Gordon Gee
Lawyers claim cable TV and phone companies also responsible in Maui fires
New data highlights 'achievement gap' for students in the US
Taco Bell free Taco Tuesday deal and $5 off DoorDash delivery Sept. 12
When Big Oil Gets In The Carbon Removal Game, Who Wins?
Fighting between rival US-backed groups in Syria could undermine war against the Islamic State group