White House Refusing To Rule Out Trillion Dollar Coin Idea

1-trillion-platinum-coin

Just in case you thought the “trillion dollar coin” plot to bypass Congress debt ceiling was just a silly academic exercise, here’s White House Press Secretary Jay Carney refusing to rule the idea out no fewer than five different times.

Just remember, most of the people pushing the “trillion dollar coin” idea, wherein the President would avoid a showdown with Congress over the debt ceiling by inventing $1 trillion worth of money represented by one coin, think Sarah Palin is stupid.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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