If Democrats were committed to breaking Congressional deadlock they would hold the defense authorization bill, and not their own agenda, as a hostage. But it's going to sail through Congress like it always does.
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The Democrats could also kill the debt ceiling drama dead tonight by using the coin trick (the treasury has the legal power to mint platinum coins of arbitrary value). But the party, unlike their more creative opponents, appears incapable of *using* power while they have it.
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(For those unfamiliar with the coin trick, the Treasury can legally mint a platinum coin with a face value of $400,000,000,000,000, borrow against it, and that's your new "debt ceiling". The coin only has to be big enough to fit all the zeroes. Then you fight in court for years.)
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It does! The law was sloppily worded around platinum seignorage in particular, leaving this loophole. The coin is not free money, but an accounting trick that would nix the annual debt ceiling drama. The main objection (pre-Trump) was that it's ridiculoushttps://twitter.com/jogehrs/status/1440687334370861066 …
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Pretty tired of seeing the Democratic party still humbly ask the referees for rulings when we've been playing Calvinball for years.
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If you need to pass a giant kitchen sink bill with your entire policy agenda, why not put the Pentagon budget in it?
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End of conversation
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well, the military did come through for us during the coup attempt
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gotta figure keeping the generals on your side into your political calculations now
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