United States Eastern time Monday, Obama again stressed to the media, their Republicans in raising the debt ceiling will not be making any concessions on the issue, and said to the detriment of United States economic and reputation for intimidation of the Government is very "ridiculous". However, the Republican leader of the Senate maikekangna (Mitch McConnell) believe that not enough importance to the Obama administration to reduce government expenditure, thus raising the debt ceiling debate is a reminder to them of the "best time".
But has not much time left to the two parties showed up. In fact, in the dawn of the new year, United States Government has already exceeded the liability cap established by Congress, it was also able to checkout, pay, because the Ministry of Finance has launched a number of so-called "unconventional measures" used mainly including federal employee retirement funds to buy short-term debt, and so on. These means provide approximately $ 200 billion of cash, enough for the Federal Government's insistence on up to two months, end of February has been generally agreed that the deadline for raising the debt ceiling.
However, this period is estimated, according to an analysis, the Government probably will run out in mid-February and once the United States unable to pay to the national and international implementation commitments, that will no doubt bring devastating consequences. Therefore, experts made a strange response in the media from various tricks, for Obama to bypass Congress to change. In addition to other than the Treasury issued 1 trillion denomination coins, there are several very creative.
The New York Times recently published review articles of a Professor of law at the University of Southern California, said the Federal Government can learn some developers approach of farmer workers ' wage arrears, to its employees, arms suppliers and recipients of government benefits human hair "ious." While the commercial bank consider claims purchased from holders of ious, thus had to cash in. This approach has two disadvantages, however, commercial banks are likely to be "discounted price" only buying ious, the second is United States federal law prohibits transfer of Federal Government claims, Obama had to use administrative means to suspend the validity of the Act.
Sell gold
CNN article said the United States gold reserve valued at more than US $ 4.3 trillion, sell gold proceeds should allow the Government to go for more than a while. The advantage of this approach is clear gold sales channels, but this, like ordinary people selling family belongings to pay, temporary difficulties can be solved, but the result is end up with nothing. US Treasury Secretary Timothy Geithner said, sell gold will lead to the instability of international financial markets, and to United States reputation took a severe blow.
Rental property
The gold is gone, the Federal Government has a lot of federal property can also be used to make money. The business week article said, the statue of liberty can be rented to Slavic fashion model-Lauren, visitors like best you can put advertising banners in the National Park. With regard to the right to sell property, mining, research equipment and facilities, you can generate 260 billion dollars in the next 15 years to the Government revenue.
Seeking relief
BusinessWeek's article also said, in the European debt crisis, Greece's debt is part of its creditors but to pardon, if the United States can find ways to follow, it is "fundamental" solve the debt problem. Of course, the United States Government can also apply to the World Bank, the International Monetary Fund debt relief for poor countries projects, once approved, will join Afghanistan, Haiti, Zambia and other countries, and of mind.
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