Yellen to Pelosi: Congress Must Raise the U.S. Debt Limit
U.S. Treasury Secretary Janet Yellen told House Speaker Nancy Pelosi Friday that unless Congress acted quickly to raise the statutory limit on the amount of money the federal government can…
‘Debt Ceilings’ Actually Do Increase Debt
by Gary Becker and Edward Lazear The recent wrangling in Washington over the debt ceiling, with both sides promising to return to battle early next year, never got around to…