If there is no budget agreement at the end of the month and we reach a default day on June 1, for example, can the government on their own decide just print, the necessary money without congressional oversight or permission?
Some of these idiots are actually considered minting a one trillion dollar coin, and then depositing it in the Treasury to pay bills. It’s evidently legal due to a loophole in some old coinage law.
https://en.wikipedia.org/wiki/Trillion-dollar_coin
Yes.