Joe Firestone: Corrente
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Submitted by lambert on Sat, 01/05/2013 - 10:39pm
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Incident time:
Thursday, June 30, 2011
Incident address:
United States
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"The President has no choice in this matter. Congress has appropriated money for particular purposes. It has also passed a debt ceiling, and passed a law providing the Administration authority to engage in jumbo coin seigniorage to get revenue necessary to spend appropriations in the presence of the debt limit." (original).