The ghosts of debt ceilings past
Podcast: MarketplacePublished On: Tue Dec 05 2023
Description: Despite all the angst over the national debt limit, extensions and last-minute compromises aren’t unusual — since 1960, Congress has fought over the debt ceiling 78 times. Although the U.S. has never defaulted, there have been consequences. In this episode, why debt ceiling battles haunt the nation’s credit rating. Plus, the financial strain on regional theaters across the country, as told by Danny Feldman, head of the Pasadena Playhouse.
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