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Congressman Introduces Bill To Ban Minting of Trillion-Dollar Coin 1059

Dainsanefh writes with news that the new Congress isn't wasting any time getting back to work. From the article: "Lawmakers are still positioning themselves for a debt ceiling fight in a few months, but one Republican congressman wants to snuff out a particular idea immediately: the U.S. Treasury minting $1 trillion platinum coins to avert a debt ceiling showdown. Rep. Greg Walden (R-Ore.) has introduced a bill to specifically ban President Barack Obama from minting the coins. The trillion-dollar coin has been previously discussed on Slashdot:"

"All the people are so happy now, their heads are caving in. I'm glad they are a snowman with protective rubber skin" -- They Might Be Giants