Current:Home > InvestSimon says we're stuck with the debt ceiling (Encore) -Mastery Money Tools
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-14 21:22:36
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! (3327)
Related
- Small twin
- Baker Mayfield re-signs with Buccaneers on three-year deal
- Emily Blunt and Ryan Gosling's Hilariously Frosty Oscars Confrontation Reignites Barbenheimer Battle
- Oscar documentary winner Mstyslav Chernov wishes he had never made historic Ukraine film
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Robert Downey Jr. Credits His Terrible Childhood for First Oscar Win
- The 2024 Oscars were worse than bad. They were boring.
- Georgia readies to resume executions after a 4-year pause brought by COVID and a legal agreement
- This was the average Social Security benefit in 2004, and here's what it is now
- Lionel Messi does not play in Inter Miami's loss to CF Montreal. Here's the latest update.
Ranking
- All That You Wanted to Know About She’s All That
- Eva Mendes Has an Iconic Reaction to Ryan Gosling's I'm Just Ken Oscars Performance
- Kamilla Cardoso embarrasses South Carolina but sting will be fleeting
- Da'Vine Joy Randolph's Emotional 2024 Oscars Speech Will Make You Tear Up
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- First photo of Princess Kate since surgery released on Britain's Mother's Day, but questions swirl
- Georgia readies to resume executions after a 4-year pause brought by COVID and a legal agreement
- The 2024 Oscars were worse than bad. They were boring.
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Stock market today: Asian shares mostly lower, Japan’s Nikkei 225 falls 2.5%
Two National Guard soldiers, Border Patrol agent identified after deadly helicopter crash
Why Robert Downey Jr.'s 'Oppenheimer' first Oscar win is so sweet (and a long time coming)
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Iowa vs. Nebraska highlights: Caitlin Clark rallies Hawkeyes for third straight Big Ten title
Our credit card debt threatens to swamp our savings. Here's how to deal with both
Princess Kate apologizes for 'editing' photo of family pulled by image agencies