How will the 2023 US debt ceiling crisis be first addressed?
27
236
resolved Jun 3
0.0%
Default on any debt
0.0%
Mint the trillion-dollar platinum coin
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Issue premium bonds
0.0%
Issue perpetual bonds
99.9%
Raise the debt ceiling
0.0%
Issue debt via Special-Purpose Entities
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Invoke the 14th Amendment
0.0%
Issue illegal debt above the debt ceiling as the "least illegal" option
0.0%
Couple the debt ceiling to GDP
0.0%
Challenge the constitutionality of the debt ceiling law
0.0%
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What will be the first outcome or action taken by the US in the debt ceiling crisis?

[Warning: this is a free-answer market where picking the best answer could be very subjective. I'll do my best to answer questions.]

Resolves to the first official US government action that directly addresses or is caused by the debt ceiling crisis. For example, if the Treasury mints the trillion-dollar platinum coin and then later Congress raises the debt ceiling, resolves to the former. For another example, if the US defaults, resolves to that.

The already ongoing "extraordinary measures" will not be included. Things like "hold negotiations" wouldn't count because they aren't US government actions.

Details:

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answered
Challenge the constitutionality of the debt ceiling law

@belikewater This is probably overlapping with the "Invoke the 14th Amendment" answer, unless there's another avenue of constitutional challenge?

@daniel Possibly not mutually exclusive with "Raise the debt ceiling", but this option is very different to raising the dollar amount, as has always been done before

answered
Default on any debt
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@jack This will include e.g. the government delaying payments due on Monday to Tuesday.