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If Congress doesn’t raise debt ceiling — the options, from ugly to unthinkable

By Zach Halaschak
Published January 19, 2023 9:40am ET
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If Congress doesn’t raise debt ceiling — the options, from ugly to unthinkable
A coming showdown over the federal debt ceiling has raised interest in options for avoiding a default on the debt if Congress fails to raise the debt ceiling, including the possibility of far-out options, such as the Treasury picking and choosing which debts to pay or even minting a trillion-dollar platinum coin. Here is the […]

A coming showdown over the federal debt ceiling has raised interest in options for avoiding a default on the debt if Congress fails to raise the debt ceiling, including the possibility of far-out options, such as the Treasury picking and choosing which debts to pay or even minting a trillion-dollar platinum coin.

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Biden Administration Congress Debt Ceiling National Debt Treasury Department