Topic: United States/District of Columbia
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The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis in 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-value platinum coins. The concept gained more mainstream attention by late 2012 during the debates over the United States fiscal cliff negotiations and renewed debt-ceiling discussions. After reaching the headlines during the week of January 7, 2013, use of the trillion dollar coin concept was ultimately rejected by the Federal Reserve and the Treasury..
The concept of the trillion-dollar coin was reintroduced in March 2020 in the form of a congressional proposal during the 2020 stock market crash.
- "Trillion-Dollar Coin" | 2021-09-19 | 19 Upvotes 8 Comments
- "Trillion-dollar coin" | 2019-09-21 | 152 Upvotes 106 Comments
Joe Biden inaugurated as the 46th President of the United States
The inauguration of Joe Biden as the 46th President of the United States took place on January 20, 2021, before noon (EST), marking the commencement of the four-year term of Joe Biden as president and Kamala Harris as vice president. The inaugural ceremony took place on the West Front of the United States Capitol in Washington, D.C. and was the 59th presidential inauguration. Biden took the presidential oath of office, before which Harris took the vice presidential oath of office.
The inauguration took place amidst extraordinary political, public health, economic, and national security crises, including outgoing President Donald Trump's attempts to overturn the 2020 United States presidential election, which incited a storming of the Capitol, Trump's unprecedented second impeachment, and a threat of widespread civil unrest, which stimulated a nationwide law enforcement response. Festivities were sharply curtailed by efforts to prevent the spread of COVID-19 and mitigate the potential for violence near the Capitol. The live audience was limited to members of the 117th United States Congress and, for each, one guest of their choosing, resembling a State of the Union address. Public health measures such as mandatory face coverings, testing, temperature checks, and social distancing were used to protect participants in the ceremony.
"America United" and "Our Determined Democracy: Forging a More Perfect Union"—a reference to the Preamble to the United States Constitution—served as the inaugural themes.