Debt Ceiling

  • 09.07.17

    Why We Should Abolish the Debt Ceiling

    Most modern democracies don't have debt ceilings. Raising the debt ceiling is always a political football, used by whichever party is in the minority to extract concessions from the majority party or from the majority party's president....

    Most modern democracies don't have debt ceilings. Raising the debt ceiling is always a political football, used by whichever party is in the minority to extract concessions from the majority party or from the majority party’s president.