Democratic lawmakers are skeptical about using a $1 trillion coin or the 14th amendment to get around the debt ceiling
With a default inching closer by the day, those two options have been increasingly floated among lawmakers — but some of them aren't so sure they would solve the problem.Insider asked some Democratic senators what they thought of minting a coin or using the 14th amendment to get around the debt ceiling crisis. None of them were thrilled with the ideas.
Sen. Ron Wyden, top lawmaker on the Senate Finance Committee, said that when it comes to the 14th amendment,"I'm not there yet. Clearly, it keeps coming at us with the prospect of default." "I think we should do our job," Connecticut Sen. Chris Murphy told Insider."I think we should not default on our debt. Congress should do the job that we've, without exception up until this point, done."
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