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Treasury says 'no' to trillion-dollar coin
Los Angeles Times WASHINGTON — The trillion-dollar coin isn't going to save the day. The U.S. Treasury says it won't mint the coin as a way of escaping the debt-ceiling crisis. The Federal Reserve also nixed the plan. Even though the platinum coin idea started as something of … Treasury Won't Mint Coin to Defy Debt Ceiling US Treasury, Fed kill $ 1-trillion platinum coin idea to avert debt crisis Treasury, Fed: No $ 1T coin for debt ceiling |