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The Debt Ceiling: What's It All About? A Made-Up Tool to Enforce Austerity.
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- Author(s): MILLER, JOHN1
- Source:
Dollars & Sense. Jul/Aug2023, Issue 367, p12-14. 3p.
- Subject Terms:
- Additional Information
- Abstract:
The article discusses the misleading narrative around the U.S. debt ceiling debate, revealing that it's more about political positioning than addressing actual debt issues. Topics include the deceptive nature of the debt ceiling debate, its limited impact on government borrowing, and the importance of targeting wealthy individuals through tax reforms to address debt concerns.
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