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Economist Stephanie Kelton on the Debt Limit, a Potential Catastrophe We’re Risking for No Reason

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The Trump Administration's Rhetoric on Prioritizing Payments

Sally Kohn: In the past, Republicans would never actually force this to happen. She says they have persuaded themselves that shooting themselves in the head is not going to hurt all that much. But she says if Congress refuses to raise the debt ceiling limit, it puts the ball in the court of the executive branch. Kohn: I think we really have to start thinking about it more asCongress saying to Treasury, find another way to do it.

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