That would be fine. It means that games like the Stonewalling around Garland don’t fundamentally restructure our legal system.
How? Much like the debt limit itself, it doesn’t authorize taxation or spending.
The existence of the coin doesn’t enable that. It would be the same theft as if he stole one of the government auto fleet, but impossible to spend and easy to track.
They have that power to the exact same extent without the coin. Since the founding of the country, the House has had the power of the purse.
In theory it worked that way in the US, until pretending to care about the debt became a useful political tool.
No, the oversight exists where it always has, in the Congressional appropriations process. The coin and the debt limit don’t authorize spending.