Wait a minute: I still don’t understand why the idea of a debt ceiling is constitutional.
Rachel Maddow slammed the GOP for stretching the government shutdown out ‘longer than eight crazy nights.’ Does she know that some of us like spinning dreidls and eating latkes?
House Speaker John Boehner is reported to have told fellow Republicans that he won’t allow the federal government to default. He said he will see to it that the debt ceiling is raised, even if it means passing a bill with the support of Democrats and a minority of Republicans. Here’s what Boehner’s spokesman Michael Steel told the Washington Post:
if Congress can’t reach a deal to avoid the so-called sequester, Jewish-run programs could be severely scaled back, if not terminated, at home and abroad.
So much for the $1 trillion platinum coin idea.
The White House on Wednesday sees little profit in the notion of minting $1 trillion platinum coin as an escape hatch to avoid a debt default if Congress balks at raising the U.S. debt limit.
If you had to flip a coin over whether Congress will raise the debt ceiling, here’s the ultimate one - a freshly minted trillion-dollar platinum coin.
House of Representatives: Of 25 Jewish members, 16 voted Yes on the final debt ceiling compromise and nine voted No. (Democratic votes overall: 95 Yes, 95 No.)