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Wednesday, June 28, 2023

Debt Ceiling Post-Mortem

I would be remiss if I did not say something about the resolution of the debt ceiling standoff. My main thought is that we really need a congressional hearing on the exotic options that were discussed but not pursued (the platinum coin, premium bonds, Section Four of the Fourteenth Amendment). Getting more information out about these strategies before the next debt ceiling fight would be useful. I would be especially interested to know the Treasury's view on all of these ideas. 

Posted by Gerard Magliocca on June 28, 2023 at 10:15 AM | Permalink


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