ap

Skip to content
20131203__6b462b74-03d4-4238-9c71-e9b3ae2e4eb8~s200~l.jpg
Author
PUBLISHED: | UPDATED:
Getting your player ready...

One of the weirder moments in recent fiscal policy history.

Guess what? Obama considered the trillion-dollar coin after all

President Obama wasn't as skeptical of the trillion-dollar coin as he said.During the recent fights between the administration and Republicans in Congress over the debt ceiling, some pundits suggested that Obama resolve the issue by minting a platinum coin.It's a tricky legal workaround that would essentially allow the Federal Reserve to continue spending money. And Obama dismissed it out of hand in interviews as an unconvincing gimmick."A lot of the strategies people have talked about — well, the president can …

RevContent Feed

More in News