An Update: What We Need to Know About the Debt Ceiling

A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.

Fiscal Policy: What We Need to Know About the Debt Ceiling

Like me, you might have thought that the US has not yet reached its debt limit. But actually it has. The story is unimaginably complicated. From what I can discern in a Congressional Research Service report, for the last 9…

Secretary of the Treasury: Jack Lew’s Signature

Asked why his signature on US currency differed from the usual way he had been signing his name, Secretary of the Treasury Timothy Geithner explained that it had to be legible. With most people assuming that President Obama’s Chief of…