The debt ceiling debate has been a contentious issue in American politics for decades. In this episode, we take a look at the history of the debt ceiling, from its introduction in 1917 to its recent role as a bargaining chip in negotiations over government spending and fiscal policy. We examine how the debt ceiling has impacted the US economy, and discuss some of the most heated debates over the debt ceiling in recent years. Whether you're an economist, a political junkie, or just curious about the inner workings of the US government, this episode is for anyone interested in the history of American fiscal policy.