Current:Home > NewsSimon says we're stuck with the debt ceiling (Encore) -BrightFutureFinance
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-14 08:09:04
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! (8)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- New York Powerball players claim $1 million prizes from drawings this summer
- How Barbara Walters Reacted After Being Confronted Over Alleged Richard Pryor Affair
- Which states gained the most high-income families, and which lost the most during the pandemic
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Indonesia’s former agriculture minister arrested for alleged corruption, including bribery
- Over 90% of those killed in Afghan quakes are women and children, UNICEF says, as new temblor hits country
- Chris Rock likely to direct Martin Luther King Jr. biopic and produce alongside Steven Spielberg
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Armenia wants a UN court to impose measures aimed at protecting rights of Nagorno-Karabakh Armenians
Ranking
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Diamondbacks finish stunning sweep of Dodgers with historic inning: MLB playoffs highlights
- Syria says Israeli airstrikes hit airports in Damascus and Aleppo, damaging their runways
- Idaho officials briefly order evacuation of town of about 10,000 people after gas line explodes
- Current, future North Carolina governor’s challenge of power
- Vermont police release sketch of person of interest in killing of retired college dean
- Long quest for justice in Jacob Wetterling's kidnapping case explored on '20/20'
- Michigan woman wins $6 million from scratch off, becomes final winner of state's largest game
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Wall Street wore Birkenstocks as the sandal-maker debuted on the Stock Exchange
With funding for Kansas schools higher, the attorney general wants to close their lawsuit
UN suspends and detains 8 peacekeepers in Congo over allegations of sexual exploitation
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Orsted puts up $100M guarantee that it will build New Jersey’s first offshore wind farm by 2025
Kesha Is Seeking a Sugar Daddy or a Baby Daddy After Getting Dumped for the First Time
Qdoba's Loaded Tortilla Soup returns to restaurant's menu for limited time