The dysfunctional debt ceiling and why we should kill it: 5 questions answered
2019 Jul 19
Treasury Secretary Mnuchin is taking 'extraordinary measures' to avoid busting the debt ceiling. AP Photo/Jose Luis Magana
The US hit the debt ceiling in March and is expected to run out of ways to get around the new $22 trillion limit by September. An economist explains why the ceiling is a dysfunctional relic.