9 Faces For The $1 Trillion Platinum Coin
America is once more on a collision course with the debt ceiling, threatening the economy’s fragile recovery with an entirely avoidable crisis of Congress’ own making. But there may be a way to avoid the whole mess: President Obama can legally mint a commemorative coin worth $1 trillion to guarantee the nation’s creditworthiness. That creates its own crisis, however — namely, who do you put on the platinum coin? Fortunately, we rounded up some options.
A growing body of evidence, hidden in plain sight, suggests Republican leaders are coming to terms with the unsustainable nature of their threat and might not be prepared to execute it.
—New Jersey Gov. Chris Christie (R), without delving into specifics about his presidential prospects, insisted that he’ll be more ready for a run in 2016 than he was in 2012.
(Source: livewire.talkingpointsmemo.com)
Does Joe Biden know how to work a room, or does Joe Biden know how to work a room?
(Source: core.talkingpointsmemo.com)
In an a new op-ed, Senate Minority Leader Mitch McConnell (R-KY) defends the fiscal cliff agreement he helped broker as imperfect but necessary to avoid a bigger tax hike.
New Jersey Gov. Chris Christie (R) on Wednesday said House Speaker John Boehner and congressional Republicans are to blame for the “continued suffering” after superstorm Sandy.
—House Speaker John Boehner (R-OH), during tense fiscal cliff negotiations, told Senate Majority Leader Harry Reid (D-NV) “go fuck yourself,” according to a Politico report published early Wednesday. Boehner confronted Reid last Friday in the White House lobby and later bragged about it to his colleagues, according to the report.
(Source: livewire.talkingpointsmemo.com)
After shelving the legislation Wednesday night, House Speaker John Boehner (R-OH) intends to prioritize relief for victims of superstorm Sandy in the new Congress, his office said.
“The Speaker will make the supplemental his first priority in the new Congress,” a Boehner aide told TPM.
The aide said Boehner has shared his intentions with members of the New York and New Jersey delegations.
New Jersey Gov. Chris Christie (R) will be holding a press conference in Trenton, New Jersey on Wednesday at 2PM ET, where is he is expected to address the fact that the U.S. House of Representatives adjourned on Tuesday night without taking up Hurricane Sandy legislation — funds badly needed by residents of New Jersey for recovery efforts.
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