Current:Home > FinanceSimon says we're stuck with the debt ceiling (Encore) -Capitatum
Simon says we're stuck with the debt ceiling (Encore)
PredictIQ View
Date:2025-04-07 05:36:04
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! (93)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Carlos De Oliveira, Mar-a-Lago property manager, pleads not guilty in classified documents case
- Hundreds still missing in Maui fires aftermath. The search for the dead is a grim mission.
- Carlos De Oliveira, Mar-a-Lago property manager, pleads not guilty in classified documents case
- South Korean president's party divided over defiant martial law speech
- Stock market today: Wall Street falls with markets worldwide after weak economic data from China
- Archaeologists uncover Europe's oldest lakeside village underwater, find treasure trove
- Public access to 'The Bean' in Chicago will be limited for months due to construction
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Obama urges people to help his homestate of Hawaii after devastating wildfires
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Selena Gomez Has the Last Laugh After Her Blanket Photo Inspires Viral Memes
- California judge who allegedly texted court staff that he shot his wife pleads not guilty
- New Paraguay president stresses South American country’s ties with Taiwan at swearing-in ceremony
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Archaeologists uncover Europe's oldest lakeside village underwater, find treasure trove
- Biden weighs in on UAW, Detroit automaker contract negotiations with suggested demands
- 4 Australian tourists are rescued after being missing in Indonesian waters for 2 days
Recommendation
A White House order claims to end 'censorship.' What does that mean?
Ex-Mississippi law enforcement officers known as Goon Squad plead guilty to state charges in racist assault
McCarthy floats stopgap funding to prevent a government shutdown at the end of next month
Credit cards: What college students should know about getting their first credit card
B.A. Parker is learning the banjo
Going to college? Here’s what you should know about student loans
Zack Martin, Dallas Cowboys rework contract to end offensive guard's camp holdout
MLB investigating Rays shortstop Wander Franco as team puts him on restricted list