For days, the press and the pundits were abuzz with the fanciful notion that maybe -- just maybe -- the Treasury Department could avert a standoff over the debt ceiling by minting a cure-all trillion-dollar coin.
Surely, the White House would dash the idea, no?
But when asked, repeatedly, about the possibility, White House Press Secretary Jay Carney hedged.
Then he hedged again. And again.
And the legend of the trillion-dollar coin continued to grow.
Read more: http://www.foxnews.com/politics/2013/01 ... z2HbH6ixDQ
NRCC Chairman, Rep. Greg Walden, R-Ore., says he plans to introduce a bill to short-circuit any such plan.
"This scheme to mint trillion-dollar platinum coins is absurd and dangerous, and would be laughable if the proponents weren't so serious about it as a solution. I'm introducing a bill to stop it in its tracks," he said in a statement.