Current:Home > FinanceSimon says we're stuck with the debt ceiling (Encore) -AdvancementTrade
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-24 12:44:53
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! (3)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Islamic State group claims responsibility for an explosion in Afghanistan, killing 4
- What LeBron James thinks of Lakers after shaky start and struggles with continuity
- Booze free frights: How to make Witches Brew Punch and other Halloween mocktails
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Pope orders Vatican to reopen case of priest ousted from Jesuits after claims of adult abuse
- New USPS address change policy customers should know about
- Nordstrom Rack's Top 100 Holiday Deals Are So Good You Have to See It to Believe It
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- U2's free Zoo Station exhibit in Las Vegas recalls Zoo TV tour, offers 'something different'
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Israel resists U.N.'s calls for ceasefire as Hamas says Gaza death toll is soaring
- Shein has catapulted to the top of fast fashion -- but not without controversy
- Maine’s close-knit deaf community is grieving in the wake of shootings that killed 4 beloved members
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Sober October? Sales spike shows non-alcoholic beer, wine are on the drink menu year-round
- Jazz legend Louis Armstrong's connection to Queens on full display at house museum in Corona
- You'll soon be able to microwave your ramen: Cup Noodles switching to paper cups in 2024
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Inmate suspected in prison attack on Kristin Smart’s killer previously murdered ‘I-5 Strangler’
Judge denies Bryan Kohberger's motion to dismiss indictment on grounds of error in grand jury instructions
Devoted youth bowling coach. 'Hero' bar manager. Families remember Maine shooting victims
Arkansas State Police probe death of woman found after officer
6 of 9 deputies charged in death of man beaten in Memphis jail plead not guilty
Democratic Rep. Jared Golden reverses course, now in favor of assault weapons ban after Maine mass shootings
Father of 3, victim of mass shooting at Lewiston bar, described by family as a great dad