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Congress is seeking (its own) permission to borrow another trillion or two

Ron Elving  |  September 24, 2021

By Ron Elving, includes “The task keeps coming back like a bad penny: Congress soon must raise the debt ceiling again. It will be almost the 100th time it has done so. After Republicans made a big issue over the debt ceiling in 2011 and 2013, roiling financial markets and nearly pushing the United States into default, the party partnered with Democrats to raise the debt ceiling — without much ado — three times under President Trump. Now, with the federal government bumping up against the limit once again, Senate Republicans are setting up a showdown. …” 

Read the full article on: National Public Radio

 
 
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