Posts Tagged ‘debt ceiling’

The Trillion Dollar Coin

If you’ve been following the news lately, you’ve probably heard talk about a $1 trillion platinum coin that could solve the current fuss going on in Congress. It revolves around a legislation technicality that would allow President Obama to fulfill the government’s debt obligations without needing to get congressional approval to raise the debt ceiling. […]

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To the debt ceiling, and beyond!

With all the hubbub going on recently about the debt ceiling, many people are confused. That’s understandable considering the raising of the debt ceiling has always been a very unremarkable, bipartisan act of Congress. To help you understand what’s happening right now, I’ll briefly discuss what the debt ceiling is and why understanding it is […]

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