Current:Home > FinanceSimon says we're stuck with the debt ceiling (Encore) -TradeGrid
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-18 09:17:53
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! (184)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- US Olympic committee strikes sponsorship deal to help athletes get degrees after they retire
- Wisconsin man pleads not guilty to neglect in disappearance of boy
- Powerball winning numbers for April 15 drawing with $63 million jackpot at stake
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Former shoemaker admits he had an illegal gambling operation in his Brooklyn shop
- What to know for 2024 WNBA season: Debuts for Caitlin Clark, Angel Reese, how to watch
- Supreme Court appears divided over obstruction law used to prosecute Trump, Jan. 6 rioters
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Nike draws heat over skimpy U.S. women's track and field uniforms for Paris Olympics
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Object that crashed through Florida home's roof was from space station, NASA confirms
- A former youth detention center resident testifies about ‘hit squad’ attack
- 19-year-old found dead after first date; suspect due in court: What to know about Sade Robinson case
- 'Most Whopper
- Plumbing problem at Glen Canyon Dam brings new threat to Colorado River system
- The Biden campaign is trying to keep Jan. 6 top of mind with voters. Will it work?
- Pamela Anderson to star opposite Liam Neeson in 'Naked Gun' reboot
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Boston Marathon winners hope victories will earn them spot in Paris Olympics
Imprisoned drug-diluting pharmacist to be moved to halfway house soon, victims’ lawyer says
Coal miners getting new protections from silica dust linked to black lung disease
The White House is cracking down on overdraft fees
Patrick Mahomes Shares What He’s Learned From Friendship With Taylor Swift
Travis Kelce named host of ‘Are You Smarter than a Celebrity?’ for Prime Video
'Scrubs' stars gather for a mini reunion: 'Getting the band back together!'