Tag: debt ceiling
The Debt Ceiling Debate
There are a LOT of things I would rather be discussing right now, but because Washington is what it is, the raising of the national debt limit is back on the front pages as the hot topic du jour. If this sounds familiar, it’s because it is. So, here’s a little background on why we […]
Economics and the Debt Ceiling
Lately, there has been a lot of public hand wringing about the debt ceiling, or the legal limit on how much Congress can borrow. Essentially, they’ve reached the limit and since Congress borrows about 43 cents for every dollar spent, they need to raise the ceiling in order to fund the current operations of the […]
