As We Creep Towards The Debt Ceiling, Will The Trillion Dollar Coin Return?

At some point in October, the federal government will reach the so-called “debt ceiling.”  Back in 2013, the federal government faced a similar deadline. Several law professors urged the Obama Administration to mint a trillion dollar coin, which would–in theory at least–allow the government to continue borrowing money. Will the Biden Administration endorse this proposal if a the ceiling is not lifted?

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