Episode 62: The Debt Ceiling

<p>Every so often, while our national debt ratchets upward, politicians threaten to refuse to raise the upper limit on that debt. But does the debt ceiling actually curb the government's borrowing, and what would happen if Congress didn't raise it? Our guide to these questions is Michael Dorf, law professor at Cornell University.</p> <p>To fill out the Panoply survey, visit <a href="http://survey.panoply.fm/" rel="nofollow" target="_blank">survey.panoply.fm</a>  </p>