Thread: Economics Trillion dollar coin
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Old 01-06-2013, 02:37 PM   #22
alnorth alnorth is offline
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Quote:
Originally Posted by Taco John View Post
The process to determine the “specs” of the coin, U.S. Mint Public Affairs Specialist Genevieve Billia warns, must be “determined by legislation,” creating the potential for another congressional impasse.
If this is a real roadblock that can not be overcome by executive order, then this option is dead. Congress would refuse to pass a bill determining the specs of the coin. If they were willing to pass that bill, they would have simply raised the debt ceiling instead.
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