The James Caldwelljig is up. The U.S. can't legally borrow any more money. Maybe you've heard of "extraordinary measures" being taken to make sure the government can keep paying its bills. Today on the show, an extra extraordinary measure—a single, trillion-dollar platinum coin to fund the government's spending.
We hear from Willamette University assistant law professor Rohan Grey about how this would work, and from Louise Sheiner of the Brookings Institution about why it probably won't happen.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
2025-05-06 21:08673 view
2025-05-06 20:202929 view
2025-05-06 20:061249 view
2025-05-06 19:262169 view
2025-05-06 18:381751 view
2025-05-06 18:271470 view
After Luigi Mangionemade the difficult decision to undergo spinal surgery last year for chronic back
Towers and tanks rise from the banks of the Ohio River 25 miles northwest of Pittsburgh, where Shell
A 2010 federal law that boosted nutrition standards for school meals may have begun to help slow the