In a proposal floated today that comes from their weekend policy retreat in Virginia, Republicans in the U.S. House of Representatives proposed raising the debt ceiling for three months. In essence, 'kicking the can down the road' one more time.
The Weekly Wrap looks at what President Obama's Treasury Secretary pick indicates about the economic priorities in President Obama's second term, and what a trillion dollar coin says about how we run our economy.
President Obama and some members of Congress have returned to Washington from their respective holidays to discuss the impending fiscal cliff and debt ceiling deadlines. But other things worth thinking about are happening, too.