Current:Home > InvestSimon says we're stuck with the debt ceiling (Encore) -CapitalWay
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-16 19:03:42
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! (87)
Related
- Stamford Road collision sends motorcyclist flying; driver arrested
- Missouri to restrict gender-affirming care for trans adults this week
- Amazon has the Apple iPad for one of the lowest prices we've seen right now
- 'I am hearing anti-aircraft fire,' says a doctor in Sudan as he depicts medical crisis
- B.A. Parker is learning the banjo
- Unraveling a hidden cause of UTIs — plus how to prevent them
- This shade of gray can add $2,500 to the value of your home
- Today is 2023's Summer Solstice. Here's what to know about the official start of summer
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Timeline: The Justice Department's prosecution of the Trump documents case
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Blast off this August with 'Guardians of the Galaxy Vol. 3' exclusively on Disney+
- Supreme Court extends freeze on changes to abortion pill access until Friday
- NFL record projections 2023: Which teams will lead the way to Super Bowl 58?
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Netflix crew's whole boat exploded after back-to-back shark attacks in Hawaii: Like something out of 'Jaws'
- Tom Brady romantically linked to Russian model Irina Shayk, Cristiano Ronaldo's ex
- Sun's out, ticks out. Lyme disease-carrying bloodsucker season is getting longer
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Kourtney Kardashian Ends Her Blonde Era: See Her New Hair Transformation
Hunter Biden reaches deal to plead guilty to tax charges following federal investigation
Teen with life-threatening depression finally found hope. Then insurance cut her off
Tom Holland's New Venture Revealed
What happened to the missing Titanic sub? Our reporter who rode on vessel explains possible scenarios
Getting ahead of back-to-school shopping? The 2020 Apple MacBook Air is $100 off at Amazon
13 years after bariatric surgery, a 27-year-old says it changed her life