Current:Home > ScamsSimon says we're stuck with the debt ceiling (Encore) -Financium
Simon says we're stuck with the debt ceiling (Encore)
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-09 20:08:36
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! (6)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Some hurricanes suddenly explode in intensity, shocking nearly everyone (even forecasters)
- CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
- Texas Supreme Court rejects challenge to state’s abortion law over medical exceptions
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- South Africa's ANC ruling party that freed country from apartheid loses its 30-year majority
- Fans step in as golfer C.T. Pan goes through four caddies in final round of Canadian Open
- World War II veterans travel to France to commemorate 80th anniversary of D-Day
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Shoshana Bean opens up about aging in the entertainment industry and working with Alicia Keys
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Things to know about the fatal shooting of a Minneapolis officer that police describe as an ‘ambush’
- Katy Perry Shares Fixed Version of Harrison Butker's Controversial Commencement Speech
- Arizona police officer killed, another injured in shooting at Gila River Indian Community
- DoorDash steps up driver ID checks after traffic safety complaints
- Wisconsin prison warden quits amid lockdown, federal smuggling investigation
- Tallahassee mayor says cost from May 10 tornadoes now tops $50 million as city seeks federal aid
- West Virginia hotel where several people were sickened had no carbon monoxide detectors
Recommendation
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Northern lights in US were dim compared to 'last time mother nature showed off': What to know
Garry Conille arrives in Haiti to take up the post of prime minister
Ex-NJ officer sentenced to 27 years in shooting death of driver, wounding of passenger in 2019 chase
Former Danish minister for Greenland discusses Trump's push to acquire island
Maldives will ban Israelis from entering the country over the war in Gaza
Yuka Saso wins another US Women’s Open. This one was for Japan
Tiny fern breaks world record for largest genome on Earth — with DNA stretching taller than the Statue of Liberty