Archive for the ‘National Debt’ Tag

When The U.S. Paid Off The Entire National Debt (Classic)   Leave a comment

Link: https://www.npr.org/2021/09/29/1041638804/that-time-the-u-s-paid-off-the-entire-national-debt-classic

In mid-October, Congress raised the national debt limit to prevent defaulting. This episode discusses how the United States got into this mess, where all this debt comes from, who came up with the idea of a debt ceiling, and what happened when it was paid off.

Date Posted: September 29, 2021

Length: 21 Minutes 12 Seconds

Posted November 16, 2021 by fiorinio in Fiscal policy

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