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Trillion-dollar coin concept design by artist DonkeyHotey, featuring a similar obverse design to the reverse of the Presidential dollar series. The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high ...
The House voted to pass its yearly defense bill Wednesday, adding about another $1 trillion to the $36 trillion national debt. The 1,800-page bill known as the National Defense Authorization Act ...
If you’ve heard about the idea of the Treasury Department issuing trillion-dollar coins, that’s to deal with debt. Others have argued a president could exert authority under the 14th Amendment ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
Impressed, Johnson reveals to Homer that in 1945, President Harry S. Truman printed a one trillion-dollar bill to help reconstruct post-war Western Europe and enlisted Montgomery Burns to transport the bill. However, it never arrived and the FBI suspects Burns still has it with him. Homer is sent in to investigate.
Democratic President Joe Biden's major legislative wins - including a $1 trillion infrastructure bill - was passed this way, as were Trump's 2017 sweeping tax cuts. Reconciliation has been used 23 ...
This amended version included approximately $1.2 trillion in spending, with $550 billion newly authorized spending on top of what Congress was planning to authorize regularly. [3] [4] The amended bill was passed 69–30 by the Senate on August 10, 2021.
Together with the $459 billion bill passed earlier this month, it fully funds the federal government to the tune of $1.659 trillion through September, after months of stopgap bills and negotiations.