Current:Home > ContactSimon says we're stuck with the debt ceiling (Encore) -Blueprint Money Mastery
Simon says we're stuck with the debt ceiling (Encore)
EchoSense Quantitative Think Tank Center View
Date:2025-04-06 22:13:37
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! (29)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Luxury cruise ship runs aground with 206 people on board as rescue efforts underway
- Mega Millions jackpot grows to $141 million. See winning numbers for Sept. 12 drawing.
- What is USB-C, the charging socket that replaced Apple’s Lightning cable?
- Grammy nominee Teddy Swims on love, growth and embracing change
- Crews search for driver after his truck plunged hundreds of feet into Indiana quarry
- Japan’s Kishida shuffles Cabinet and party posts to solidify power
- Ohio Injection Wells Suspended Over ‘Imminent Danger’ to Drinking Water
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Morocco earthquake survivors say government didn't come, as hope of finding anyone else alive fades
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Women fight abortion bans in 3 more states with legal actions
- CDC director stresses importance of updated COVID booster shot
- Trump waives right to speedy trial as Georgia prosecutor seeks to try him with 18 others next month
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Wisconsin Republican leader asks former state Supreme Court justices to review impeachment
- Fishery vessel will try to pull free cruise ship with 206 people on board in Greenland
- The Sweet Way Taylor Swift & Selena Gomez Proved They're Each Other's Biggest Fans at the 2023 MTV VMAs
Recommendation
Trump wants to turn the clock on daylight saving time
Scuba-diving couple rescues baby shark caught in work glove at bottom of the ocean off Rhode Island
Ashton Kutcher's cringey clips, Danny Masterson and what our friendships say about us
Judge in Trump's New York case says trial schedule to remain the same, for now
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Sri Lanka deploys troops as the railway workers’ strike worsens
The Most-Loved Amazon Acne Products With Thousands of 5-Star Reviews: Spot Treatments, Cleansers & More
Russian journalist who headed news outlet in Moldova is declared a security threat and expelled