As the next debt ceiling battle rolls around in a few months, Democrats have come up with a plan to help President Obama completely bypass Congress so he won't have to negotiate with House Republicans on the issue.

Their plan involves using the U.S. Treasury to print a $1 trillion coin.

Liberals like Paul Krugman, with The New York Times believe there is a loophole that would allow the Treasury to print a single commemorative coin worth $1 trillion.

The president would then deposit the coin in the Federal Reserve, supposedly allowing the Fed to then issue funds worth $1 trillion to keep the government running without raising the debt ceiling.