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.
-
-
(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.)
Show this thread -
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 …
Show this thread -
Pretty tired of seeing the Democratic party still humbly ask the referees for rulings when we've been playing Calvinball for years.
Show this thread -
If you need to pass a giant kitchen sink bill with your entire policy agenda, why not put the Pentagon budget in it?
Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.