House Democrats Propose Eliminating Debt Ceiling; Yellen Shoots Down $1 Trillion Coin

Dozens of House Democrats believe it is time to eliminate the debt ceiling and instead allow unlimited borrowing so the government can spend whatever it needs.
The federal government is entrenched in another battle over the debt ceiling after Washington hit its borrowing limit of about $31.4 trillion last week.
As a result, the Treas …

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