Current:Home > ScamsSimon says we're stuck with the debt ceiling (Encore) -MarketLink
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-13 17:24:51
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! (29169)
Related
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Utah joins 10 other states in regulating bathroom access for transgender people
- Pakistan’s former Prime Minister Imran Khan sentenced to 14 years in prison for corruption
- Mississippi lawmakers advance bill to legalize online sports betting
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Can Just-In-Time handle a new era of war?
- Toyota warns drivers of 50,000 cars to stop driving immediately and get repairs: See models affected
- Robert F. Kennedy Jr. mulls running for president as Libertarian as he struggles with ballot access
- Stamford Road collision sends motorcyclist flying; driver arrested
- Justice Dept indicts 3 in international murder-for-hire plot targeting Iranian dissident living in Maryland
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Spring a leak? Google will find it through a new partnership aimed at saving water in New Mexico
- Iran executes 4 convicted of plotting with Israeli intelligence to attack defense factory, state media say
- The No. 2 leader in the North Carolina House is receiving treatment for cancer
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- US pilot safely ejects before his F-16 fighter jet crashes in South Korean sea
- Rare whale found dead off Massachusetts may have been entangled, authorities say
- The IRS got $80B to help people and chase rich tax avoiders. Here's how it's going
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
6 YouTube hidden shortcuts you need to know to enhance video viewing
Zimbabwe opposition figure gets suspended sentence after nearly 2 years in pretrial detention
Nikki Haley on White House bid: This is just getting started
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
US to receive 2022 Olympics team figure skating gold medals after Kamila Valieva ban
4 dead, including Florida man suspected of shooting and wounding 2 police officers
Super Bowl 58 ticket prices are most expensive in history. Here's how much it costs