The ghosts of debt ceilings past
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 5 December 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
Despite all the angst over the national debt limit, extensions and last-minute compromises aren’t unusual — since 1960, Congress has fought over the debt ceiling 78 times. Although the U.S. has never defaulted, there have been consequences. In this episode, why debt ceiling battles haunt the nation’s credit rating. Plus, the financial strain on regional theaters across the country, as told by Danny Feldman, head of the Pasadena Playhouse.
Transcript
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| 0:50.0 | Hi, this is Nicole from Camp Hill, Pennsylvania. I'm always surprised how much |
| 0:55.0 | content marketplace can pack into 30 minutes. Listening as part of my daily |
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| 1:27.0 | From American public media this is marketplace. In Los Angeles, I'm Kai Rizdall. It is Tuesday, today, the 5th of December. Good as always to have K |
| 1:45.0 | Rizdell, it is Tuesday, today the 5th of December. |
| 1:43.8 | Good as always to have you long, everybody. |
| 1:46.7 | We're gonna take a drive up the Arroyo Parkway to Pasadena |
| 1:50.3 | in just a couple of minutes |
| 1:51.1 | for a conversation about regional theater in this |
| 1:53.8 | economy at the historic Pasadena Playhouse. First though a quick glance at some of |
| 1:58.9 | the nuts and bolts of this economy the labor market in particular in the form of this morning's jolt. this |
... |
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