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Essay: Meaning of Debt Ceiling Deal

Delmarva Public Media | By Don Rush
Published October 8, 2021 at 9:54 AM EDT
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U.S. Capitol

A deal has been cut to temporarily lift the debt ceiling through December. The nation has seen this kind of showdown before that could have forced the U.S.into default. Michael O'Loughlin, professor emeritus at Salisbury University, examines what these kinds of standoffs mean.

Local Newsdebt ceilingMichael O'Loughlin
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Don Rush
Don Rush is the News Director and Senior Producer of News and Public Affairs at Delmarva Public Media. An award-winning journalist, Don reports major local issues of the day, from sea level rise, to urban development, to the changing demographics of Delmarva.
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