#316: What If We Paid Off The Debt?




Planet Money show

Summary: <p>We got our hands on a secret government report outlining what once looked like a potential crisis: The possibility that the U.S. government might pay off its entire debt.</p><p>It sounds ridiculous today. But not so long ago, the prospect of a debt-free U.S. was seen as a real possibility with the potential to upset the global financial system.</p><p>Today on the show, we hear from the economist who wrote the report. And we look at how things turned out so, so differently.</p>