So-called debt ceiling?

President Barack Obama speaks on the debt ceiling and deficit reduction during a news conference.

This final note today. A last word from the president on the debt ceiling...

"Now the other congressionally-imposed deadline coming up is the so-called debt ceiling, something most Americans hadn't even heard of before two years ago," said President Obama.

Come again? Far be it for me to pick nits with the leader of the free world, but I'm pretty sure it's just called the debt ceiling. Right?

OK. Yes, pet peeve, but come on.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.

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