Current:Home > InvestSimon says we're stuck with the debt ceiling (Encore) -Wealth Legacy Solutions
Simon says we're stuck with the debt ceiling (Encore)
Ethermac Exchange View
Date:2025-03-11 11:16:29
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! (258)
Related
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- In the Latest Rights of Nature Case, a Tribe Is Suing Seattle on Behalf of Salmon in the Skagit River
- New Reports Show Forests Need Far More Funding to Help the Climate, and Even Then, They Can’t Do It All
- The math behind Dominion Voting System's $1.6 billion lawsuit against Fox News
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Two Md. Lawmakers Demand Answers from Environmental Regulators. The Hogan Administration Says They’ll Have to Wait
- Miranda Sings YouTuber Colleen Ballinger Breaks Silence on Grooming Allegations With Ukulele Song
- Is a State Program to Foster Sustainable Farming Leaving Out Small-Scale Growers and Farmers of Color?
- Small twin
- Across the Boreal Forest, Scientists Are Tracking Warming’s Toll
Ranking
- Intellectuals vs. The Internet
- The $1.6 billion Dominion v. Fox News trial starts Tuesday. Catch up here
- Inside Clean Energy: Natural Gas Prices Are Rising. Here’s Why That Helps the Cleanest (and Dirtiest) Electricity Sources
- Behati Prinsloo Shares Glimpse Inside Family Trip to Paris With Adam Levine and Their 3 Kids
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Airline passengers could be in for a rougher ride, thanks to climate change
- New Mexico Could Be the Fourth State to Add a Green Amendment to Its Constitution, But Time Is Short
- No, the IRS isn't calling you. It isn't texting or emailing you, either
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Miranda Sings YouTuber Colleen Ballinger Breaks Silence on Grooming Allegations With Ukulele Song
Chicago Mayor Slow to Act on Promises to Build Green Economy by Repurposing Polluted Industrial Sites
Body believed to be of missing 2-year-old girl found in Philadelphia river
Questlove charts 50 years of SNL musical hits (and misses)
Big Agriculture and the Farm Bureau Help Lead a Charge Against SEC Rules Aimed at Corporate Climate Transparency
Frustrated airline travelers contend with summer season of flight disruptions
Texas A&M Shut Down a Major Climate Change Modeling Center in February After a ‘Default’ by Its Chinese Partner