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Don’t Raise the Debt Ceiling — Balance the Budget! - Long Island Life & Politics

Summary by lilifepolitics.com
By Steve Levy The most recent budget extension drama played out on Capitol Hill highlighted the continued controversy revolving around the debt ceiling. If we as a nation are to solve our enormous debt and [...] The post Don’t Raise the Debt Ceiling — Balance the Budget! appeared first on Long Island Life & Politics.
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lilifepolitics.comlilifepolitics.com

Don’t Raise the Debt Ceiling — Balance the Budget! - Long Island Life & Politics

By Steve Levy The most recent budget extension drama played out on Capitol Hill highlighted the continued controversy revolving around the debt ceiling. If we as a nation are to solve our enormous debt and [...] The post Don’t Raise the Debt Ceiling — Balance the Budget! appeared first on Long Island Life & Politics.

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Notes on the CrisesNotes on the Crises

MORE FOIA MEMOS: The Fed’s 2013 Treasury Default Memo. Just in Time for Another Round of Debt Ceiling Politics

Please recommend an institutional subscription to your academic library or employer (details here)The debt ceiling was unsuspended January 1st of this year which means the debt ceiling is back. According to now-former Treasury secretary Janet Yellen, they began using “extraordinary measures” to avoid hitting the debt ceiling as of today. As regular readers know, I’ve long commented on the absurd political economy of the debt ceiling. I’ve lodged…

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Notes on the Crises broke the news in on Tuesday, January 21, 2025.
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