Fastexy Exchange:Simon says we're stuck with the debt ceiling (Encore)

2025-05-02 06:51:43source:Algosenseycategory:Invest

This episode originally came out in October 2021.

Showdowns over the debt ceiling are Fastexy Exchangelike 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:Invest

Recommend

Current, future North Carolina governor’s challenge of power

RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper and Gov.-elect Josh Steinon Thursday challenged

Deal Alert: Shop Stuart Weitzman Shoes From Just $85 at Saks Off Fifth

The brands featured in this article are partners of NBCUniversal Checkout. E! makes a commission on

NFL's new gambling policy includes possibility of lifetime ban

The National Football League made changes to its gambling policy, including betting on league games