Some People in Washington Are Taking the Trillion Dollar Coin Seriously

The Takeaway

Some pundits, including Paul Krugman, have proposed minting a trillion dollar coin as a way for Democrats to avoid a debt ceiling fight with Republicans.
Is the proposal legal? Is anyone taking it seriously? Todd Zwillich, our Washington correspondent, explains.

Will you support The World?

The story you just read is not locked behind a paywall because listeners and readers like you generously support our nonprofit newsroom. Now more than ever, we need your help to support our global reporting work and power the future of The World. Can we count on you?