Tag Archives: US debt ceiling 2017

It's baaack!Bit wacky in spots though.In addition, it erroneously attributes the idea to MMT economists when it was originated by Ellen Brown and proliferated by Beowulf. MMT'ers subsequently picked it up. HuffPostThe Debt Ceiling And #MintTheCoin: Another Teachable Moment For A Sustainable Money System Mike Sandler

While Republican leaders are confident their party can set aside its differences to resolve the latest debt-limit impasse before the clock runs out sometime between late September and mid-October, investors are shying away from Treasury bills earlier than they have in the past.... BloombergU.S. Default? Unlikely, But Bond Traders Are Taking No Chances Brian Chappatta and Alex Harris

Congress has 12 working days to raise the nation's debt ceiling when it returns in September. Failure ot raise the debt limit would cause severe economic and political consequences. Negotiations have been sluggish, with one Democratic aide saying there are currently "no talks" ongoing. Tidbit: "With President Trump, debt ceiling options like the Platinum Coin and the 14th Amendment — while unlikely — are now at least a possibility," said Chris Kruger, an analyst at Cowen Washington...