No Way Out of the Debt Ceiling Debate After Treasury Nixes Platinum Coin Idea

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No Way Out of the Debt Ceiling Debate After Treasury Nixes Platinum Coin Idea

No Way Out of the Debt Ceiling Debate After Treasury Nixes Platinum Coin Idea
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No Way Out of the Debt Ceiling Debate After Treasury Nixes Platinum Coin Idea

by DailyTicker 3:14 mins

The only idea circulating in Washington to avoid another big battle on raising the debt limit is dead. This weekend The U.S. Treasury Department put the kabbash on minting a $1 trillion platinum coin to service U.S. debt payments while Congress deliberates on raising the debt limit.

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