Planet Money Planet Money

Jay & Shai's debt ceiling adventure (Update)

2025-06-19 00:00:00 +0000 UTC ·30m 19s ·by NPR
Jay & Shai's debt ceiling adventure (Update)
Planet Money
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About this episode

Note: A version of this episode first ran in 2023 . Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the power to limit how much debt the U.S. takes on. Once we reach that limit, Congress has a few options