Current:Home > MarketsSimon says we're stuck with the debt ceiling (Encore) -Quantum Capital Pro
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-12 10:22:34
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! (391)
Related
- Travis Hunter, the 2
- Tennessee teacher arrested after bringing guns to preschool, threatening co-worker, police say
- Score These $104 Peter Thomas Roth Gel Masks for $39, Get Brighter Skin & Reduce Wrinkles
- 'Tortured Poets' release live updates: Taylor Swift explains new album
- Global Warming Set the Stage for Los Angeles Fires
- I’m an Editor Who Loves Fresh Scents & These Perfumes Will Make You Smell Clean and Light
- Police called in to North Dakota state forensic examiner’s office before her firing
- Seeking ‘the right side of history,’ Speaker Mike Johnson risks his job to deliver aid to Ukraine
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- She used Grammarly to proofread her paper. Now she's accused of 'unintentionally cheating.'
Ranking
- This was the average Social Security benefit in 2004, and here's what it is now
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, No Resolution
- 'I tried telling them to stop': Video shows people yank bear cubs from tree for selfie
- Firefighters douse a blaze at a historic Oregon hotel famously featured in ‘The Shining’
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Attorneys argue that Florida law discriminates against Chinese nationals trying to buy homes
- BP defeated thousands of suits by sick Gulf spill cleanup workers. But not one by a boat captain
- Best lines from each of Taylor Swift's 'Tortured Poets Department' songs, Pt. 1 & 2
Recommendation
'Most Whopper
What Each Zodiac Sign Needs for Taurus Season, According to Your Horoscope
House speaker says he won't back change to rule that allows single member to call for his ouster
US restricts drilling and mining in Alaska wilderness
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Buffalo Bills owner Terry Pegula explores selling non-controlling, minority stake in franchise
Pennsylvania board’s cancellation of gay actor’s school visit ill-advised, education leaders say
Dickey Betts, Allman Brothers Band co-founder and legendary guitarist, dies at 80