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. With another standoff with Congress over raising the debt ceiling looming as early as mid-February, a petition on the White…
Rep. Jerry Nadler (D-N.Y.) wants the government to mint a platinum coin worth…a cool $1 trillion.. Nadler, a Jewish Upper West Sider, thinks the minting of a ridiculously valuable coin could foil GOP attempts to hold Democrats hostage in debt ceiling negotiations. It would allow the government to pay its debts without going through Congress,…
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. A formal petition has been started asking the White House to create such a coin in order to avoid another high-stakes fiscal battle to raise the debt ceiling. The…
I was among some 6,000 reproductive-rights advocates who attended a rally for women’s health over the weekend to stand up for Planned Parenthood and a woman’s right to choose in the face of the most dangerous political assault on women’s rights we’ve seen in years. The signs in the crowd were witty, the long and…
Former U.S. Rep. Stephen J. Solarz died one month ago, succumbing to esophageal cancer on November 29 at age 70. A graduate of Brandeis and Columbia, Solarz, a Democrat who represented constituents from Staten Island as well as his native Brooklyn, had an eventful career in politics. It spanned over two decades, beginning in 1969…
Leah Berkenwald at Jewesses with Attitude has a great rundown of how devastating this weekend was for pro-choice Americans who watched the anti-abortion Stupak amendment pass and get tacked onto the House’s healthcare reform bill. On Saturday, one of two men who stood up along with a group of Democratic female lawmakers to argue against…
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