I am pleased to report the debt-limit charade is progressing in order, right on cue, perhaps slightly ahead of schedule.In Trillion Dollar Coin Idea Dies Sudden Death; Treasury, Fed Oppose Using Platinum Coin; Republican Strategy I proposed this seven-stage sequence of events.Politics of the Debate
“The issue here is whether or not America pays its bills,” Obama said. “We are not a deadbeat nation.”He also issued a warning about the potential tactics that House Republicans in particular are discussing, including demanding a new round of spending cuts attached to each incremental increase in the debt ceiling.“They will not collect a ransom for not crashing the American economy,” Obama said.
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