Some people have suggested the president invoke the 14th Amendment to the Constitution to override the statutory debt limit. Others suggest the minting of a large-denomination coin – say, for $1 trillion. The Treasury could also sell off large amounts of gold. The Obama administration has ruled out all three measures.
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Why is Christian Science in our name?
Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.
The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.
Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.
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Debt ceiling 101: eight questions about the latest round
Congress has until the end of February to raise the federal government’s borrowing limit, known as the debt ceiling, or the country risks going into default. How is this time different from the previous rounds of debt ceiling politics? Here’s a guide, plus the context.
