All Commentary
Tuesday, May 17, 2011

Government Maxes Out Its Credit Line


“The United States slammed up against its $14.3 trillion borrowing limit Monday, even as lawmakers continue to squabble over whether to lift the debt ceiling.” (New York Daily News)

Ceilings are made for lifting.

FEE Timely Classic
“Our Presidents and the National Debt” by Burton W. Folsom Jr.