All Commentary
Tuesday, April 5, 2011

Raise Debt Limit, Treasury Secretary Pleads

“Treasury Secretary Timothy F. Geithner said that even if he uses ‘extraordinary measures’ to prevent the United States from defaulting on its obligations, lawmakers will need to raise the legal limit on government borrowing by July 8.” (Washington Post)

Is a limit that doesn’t really limit actually a limit?

FEE Timely Classic
“Budget Deficits” by Hans F. Sennholz