HAI Community|Simon says we're stuck with the debt ceiling (Encore)

2025-05-04 22:07:16source:TitanX Exchangecategory:Finance

This episode originally came out in October 2021.

Showdowns over the debt ceiling are HAI Communitylike 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.

More:Finance

Recommend

PACCAR recalls over 220,000 trucks for safety system issue: See affected models

PACCAR is recalling over 220,000 of its 2021-2025 Peterbilt and Kenworth trucks.  The commercial tru

Helicopter footage shows rescue of California hiker dangling from cliff: 'Don't let go'

A hiker who fell off a California trail and hung onto a cliff for his life was rescued by a helicopt

12.3 million: Iowa’s victory over LSU is the most-watched women’s college basketball game on record

Caitlin Clark can claim another record — the most-watched women’s college basketball game in history