trillion dollar coin

Mint the Coin Goes Down in Flames

The U.S. Treasury has officially come out now to say that, on grounds of questionable legality, it is refusing to use the minting a trillion-dollar coin as a solution to the debt ceiling problem.

Night of the Living Debt Ceiling: The Fiscal Horror That Is to Come

Last week's fiscal cliff deal did much to resolve the dark specter of economic uncertainty in America. However, it was only the first of three fiscal crises set to hit before March. Next on deck, another sequestration battle; and then the biggie: "Debt Ceiling 2: The Tea Party Strikes Back."