Mint the Coin

The debt limit is a gimmick that violates the 14thh Amendment. So it makes some sense to combat with another gimmick. If the Treasury Secretary were to mint a trillion-dollar coin and deposit it in the Federal Reserve, she could pay our government's bills without borrowing making the debt limit moot. Given that Congress has no problem increasing it when Republicans are in power (because Democrats are responsible enough to not threaten to bring government to a halt), but the Republican minority use it to not pay for the losses in revenue they themselves have enacted. This is just silly.

Sure, there would be court fight about this action, but the Republicans would lose since the debt limit is blatantly unconstitutional according to the 14th Amendment. Just get rid of it.

What about the politics? Look, the reason we’re in this situation is that Republicans have learned a terrible truth: Voters don’t know or care about process; they only react to how things are going. The G.O.P. believes that it can benefit from outright, naked sabotage; Democrats shouldn’t worry about undoing that sabotage through whatever tricks they can deploy.

The coin could be minted at the last minute.