In case you’ve been living under a rock and need to be told, the American economy is in trouble.
Average Americans are spending $175 more per household monthly under Biden than they did under Trump. And it’s about to get a whole lot worse if the government can’t figure out a budget that gets spending under control.
But some liberals think they’ve found a solution, and it shows just how insane the party has gone.
Mint a $1 TRILLION coin, and use it to pay America’s bills.
Because the treasury secretary can’t simply print money to pay public debts without congressional approval, lawmakers are stumped at how to pay bills America simply doesn’t have the cash to cover.
But some are pointing to a quirky ceremonial law from more than twenty years ago as America’s solution to a serious problem. The law allows coins to be minted of any denomination at any time WITHOUT congressional approval IF the coins are made out of platinum.
Presumably, this law was made so that commemorative and special edition small-value coins could be introduced to the public without having a bunch of legal hoops to jump through. But now liberals want to use it to pay our debts.
You’re not in crazy town, you’re just in liberal America. Although, at this point they might as well be the exact same thing.
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