Thread: Economics The Debt Ceiling Approacheth
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Old 01-13-2013, 05:34 PM   #96
Direckshun Direckshun is offline
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I have read today that the White House and the Treasury have rejected the $1 trillion coin strategy.

Rightly, in my opinion.

The White House has also claimed to reject (a.) negotiating over the debt ceiling, and (b.) raising the debt ceiling unilaterally via the 14th amendment.

So, that leaves us at an impasse.

I put the likelihood of a government shutdown at 50%, a White House unilateral move at 45%, and the odds we strike a deal at 5%.
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