Debt ceiling dynamics revisited
Posted on July 19, 2011 at 13:04 PM EDT
First, I’d guess the President will sign anything Congress passes, including short term measures. But he might not. And yes, there are options that allow the executive branch to continue to deficit spend if it wanted to, ranging from issuing a multi trillion dollar platinum coin to spending under cover of the 14th amendment. However, there’s [...]
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