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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We live in a country where defaulting on the public debt is normal political brinksmanship, but withholding military spending is unthinkable.
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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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Replying to @Pinboard
When you account for revenue from heist movies about stealing the Big Coin, it pays for itself.
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I want to see the heist movie about trying to spend the coin (which n.b. doesn't have to be physically large).
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