Weekly Newsletter   Challenge account   Weekly Newsletter   

Archive for May 20th, 2023

Posted by Martin May 20, 2023

That damn debt ceiling!

The debt ceiling was put in place by Congress during World War I and its purpose was to shift debt management from Congress to the government. Before, it was Congress who approved all expenditures. But during the War, it became difficult for the government to go to Congress and get approval for increasing war effort Continue reading →