Simon says we're stuck with the debt ceiling (Encore)

2025-01-13 03:24:43 source:lotradecoin advanced analytics dashboard category:Finance

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.

More:Finance

Recommend

Jim Leach, former US representative from Iowa, dies at 82

DES MOINES, Iowa (AP) — Former U.S. Rep. Jim Leach, who served 30 years as a politician from eastern

Virginia city repeals ban on psychic readings as industry grows and gains more acceptance

NORFOLK, Va. (AP) — Ashley Branton has earned a living as a psychic medium for seven years, helping

Alex Jones could lose his Infowars platform to pay for Sandy Hook conspiracy lawsuit

HOUSTON (AP) — Right-wing conspiracy theorist Alex Jones appears on the brink of losing the Infowars