Re:Yield of 0% a First at 3-Month Treasury-Bill Sale
by Guvante on Tuesday October 06, 2015 @06:32PM
(#10342887)
While they can call for the default to happen there were plenty of signs the last time it nearly happened that the executive branch was simply going to ignore it in some convoluted way.
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Re:Yield of 0% a First at 3-Month Treasury-Bill Sale
by dragontamer on Tuesday October 06, 2015 @06:36PM
(#10342905)
Obama doesn't want to print the Trillion dollar coin. But if its the only way to avoid default, he might be forced to.
In any case, it'd be yet another time that the Republican-led Congress ceded power voluntarily to the President. If Congress wants to lead this country, they better start leading. (IE: Writing laws and getting us out of these self-made problems)