527: "Debt Ceiling"

HistoryNewsPodcast

Jan 19

Written By JC

Interesting Things with JC #527: "Debt Ceiling" - In the United States this is a pretty big current event. What exactly is the Debt Ceiling though? Let's find out!

debt ceilinglegal limittotal amount of moneyfederal governmentborrowUnited States Treasurypay billsMedicare paymentstax refundsmilitary payinterestcountry's debtannual budget deficitstrust fund surplusesTreasury billslegislationCongressSecond Liberty Bond Act1917aggregate debt limit1939$45 billion10% total debt$31.4 trillionextraordinary measuresdefaultingobligationsTreasury bondsfederal employee retirement savings accountsinterest-bearing bondsgovernment pension fundsstate and local government series securitiesfundschanges in exchange rates1985May 20112021federal government's debtexhaustedissue new debtcashannual deficitsfunds receivedinsufficientfederal civilian and military salariesveteran benefitsutility billsthreatdefaultdevastatingeconomydomestic and international marketsUS debt instrumentsUS economygenuine defaultglobal financial marketschaosinvestorsinvestmentsTreasury securitiessafeinterest ratesdemandfalllikelihoodborrowing costsstandoffWhite House Council of Economic Advisersannual surplus2001governmentborrow moneystay afloatfactsPodcastPodcastingPodcast RadioJim ConnorsShortSeriesDaily PodcastUnsigned VoiceFree AgentVoice actorRoyalty FreeJCPodcast Radio UKLondonUSDailyJimmy ConnorsRadiopodcast productionpodcast hostingpodcast marketingpodcast promotionpodcast advertisingpodcast monetizationpodcast analyticspodcast equipmentpodcast softwarepodcast interviewspodcasting tipspodcasting toolspodcasting best practicespodcasting for beginnerspodcasting for businesspodcasting for entrepreneurspodcasting for content creatorspodcasting for bloggerspodcasting for educatorspodcasting for journalistspodcasting for podcastersaudio contentonline audio showslistenstreamingdownloadrecommendationsreviewsdiscover

JC https://jimconnors.org

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