Current:Home > FinanceSimon says we're stuck with the debt ceiling (Encore) -FutureProof Finance
Simon says we're stuck with the debt ceiling (Encore)
View
Date:2025-04-18 04:16:48
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! (1491)
Related
- Travis Hunter, the 2
- Michael Jordan's 'Last Dance' sneakers sell for a record-breaking $2.2 million
- Mega Millions jackpot grows to an estimated $820 million, with a possible cash payout of $422 million
- Melanie Lynskey Honors Former Costar Julian Sands After He's Confirmed Dead
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Melanie Lynskey Honors Former Costar Julian Sands After He's Confirmed Dead
- Human remains found in luggage in separate Texas, Florida incidents
- Human remains found in luggage in separate Texas, Florida incidents
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- No, the IRS isn't calling you. It isn't texting or emailing you, either
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Laredo Confronts Drought and Water Shortage Without a Wealth of Options
- Kathy Griffin Fiercely Defends Madonna From Ageism and Misogyny Amid Hospitalization
- Security guard killed in Portland hospital shooting
- In ‘Nickel Boys,’ striving for a new way to see
- Why Do Environmental Justice Advocates Oppose Carbon Markets? Look at California, They Say
- Women are earning more money. But they're still picking up a heavier load at home
- New Jersey school bus monitor charged with manslaughter after allegedly using phone as disabled girl suffocated
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Justice Department threatens to sue Texas over floating border barriers in Rio Grande
Kelsea Ballerini Speaks Out After Onstage Incident to Address Critics Calling Her Soft
Amid Delayed Action and White House Staff Resignations, Activists Wonder What’s Next for Biden’s Environmental Agenda
'Most Whopper
Al Jaffee, longtime 'Mad Magazine' cartoonist, dies at 102
NPR quits Twitter after being falsely labeled as 'state-affiliated media'
Inside Clean Energy: Here’s Why Some Utilities Support, and Others Are Wary of, the Federal Clean Energy Proposal