jack-balkin

The Trillion Dollar Coins That Could Save America

Jim Newell · 07/29/11 12:03PM

Looking across the vast debt ceiling hellscape today, it appears that Speaker John Boehner will finally, finally get House Republicans to pass his two-tiered debt limit hike by tossing in modest balanced budget amendment to the United States Constitution. Let's just say that that doesn't improve the chances of getting out of this pickle with a bipartisan solution, with only four days remaining. What is to be done, instead? Just have Timmy Geithner mint a trillion dollar coin, obviously.