White House Wants Congress to Tie Harvey Funds to Debt Ceiling Rise

White House Wants Congress to Tie Harvey Funds to Debt Ceiling Rise

Trump now appears to be hoping that the urgent need for hurricane money can help get the GOP out of this mess - that pairing the debt limit increase with Harvey aid will prove a popular measure that enough Republicans can support.

"That's our priority", Mnuchin said on Fox News Sunday. Our first priority is to make sure that the state gets money.

When Congress returns this month for 12 days in session, it will have focus on Harvey funds as well as a crucial vote on the debt ceiling, which now stands at $19.8 trillion.

Bitter divisions among Republican Party lawmakers and President Donald Trump's unpredictability could rule out a deal to raise the U.S. debt limit before an October deadline, several lobbyists representing dozens of bankers, investors and credit rating agencies, told Reuters.

President Donald Trump visited storm-ravaged Texas Saturday saying he hopes for a "quick process" getting Congress to approve nearly $8 billion in initial Harvey relief. The move amounts to the opening salvo in what could end up being a drawn out fight with an influential group of House conservatives who have warned against pursuing this strategy.

"We obviously have now the hurricane spending, which is an issue".

More news: Death toll from Mumbai floods jumps to 14, rain eases up

At the time, a senior administration official told CNN that the White House expected the disaster funding and the debt ceiling to be paired in the Senate.

And Rep. Mark Meadows, Chairman of the Conservative House Freedom Caucus, told the Washington Post combining the two issues into one piece of legislation was a "terrible idea". He also said that the pressing need for relief in Houston will likely truncate the already-tight deadline Congress faces for a debt ceiling vote.

House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer issued a joint statement urging bipartisanship on both issues Sunday afternoon, but did not commit to anything outright. Mnuchin has repeatedly said that it's "critical" that Congress raise the debt ceiling by September 29.

American financial firms are expressing alarm over fears that an increasingly dysfunctional US Congress may fail to reach an agreement to raise the country's debt ceiling.

President Trump tweeted Sunday that the United States was considering halting trade deals with any country that does business with North Korea. "But people need to cut off North Korea economically, this is unacceptable behaviour", he said. Mnuchin said the US would work with China, but "people need to cut off North Korea economically".

Related Articles

  • Froome ticks off another summit finish to boost historic Vuelta bid

    Froome ticks off another summit finish to boost historic Vuelta bid

    Lopez then set off on his own to pass breakaway rider Adam Yates and power his way to the summit finish at Alto Hoya de la Mora. Now second in the mountains classification behind the Italian Davide Villella, Majka entering the last week with ambition.
    Myanmar's Rohingya Muslims flee to Bangladesh as Rakhine unrest rages

    Myanmar's Rohingya Muslims flee to Bangladesh as Rakhine unrest rages

    They reside mostly in the western region of Rakhine state in Myanmar. "We don't know how many were on the boat", he said. The violence comes amid reports of Buddhist vigilantes burning Rohingya villages in Myanmar, Reuters said.
    Halo is coming to Microsoft's Windows Mixed Reality platform

    Halo is coming to Microsoft's Windows Mixed Reality platform

    Even though I couldn't see the controllers or my own hands, I could see virtual representations of the controllers in the VR view. Moving around is accomplished through triggers on the handsets, which takes some getting used to if you're not a gamer.
  • PM Modi to reshuffle Cabinet on Sunday; Ram Madhav likely to debut

    PM Modi to reshuffle Cabinet on Sunday; Ram Madhav likely to debut

    Similarly, based on performance, five ministers of state with independent charge are likely to be elevated to cabinet rank. Prime Minister Narendra Modi will on Sunday undertake a reshuffle of his council of ministers, said sources.

    Pentagon muddies waters on transgender military ban

    The BBC said the measure could affect between 4,000 and 10,000 active-duty and reserve service members. Trump gave the order on Friday, stating that he wants the ban implemented by 23 March, 2018.
    99% of Scrapped Notes Back in System: RBI

    99% of Scrapped Notes Back in System: RBI

    This amounts to 1.3 per cent of the Rs 1,000 notes in circulation before the demonetisation announcement on November 8, 2016. Following the move, a new Rs 2000 note and a new version of Rs 500 note was released.
  • Shelley Berman, Comic And 'Curb Your Enthusiasm' Actor, Dead At 92

    Shelley Berman, Comic And 'Curb Your Enthusiasm' Actor, Dead At 92

    Legendary comedian Shelley Berman died early Friday morning at his home in California from complications of Alzheimer's disease. His 1959 album Inside Shelley Berman was awarded a gold record and became the first comedy album to win a Grammy.
    Injury Rules Akpeyi Out Of Cameroun Clash, Ezenwa To Start In Goal

    Injury Rules Akpeyi Out Of Cameroun Clash, Ezenwa To Start In Goal

    Mikel Obi, Simon, Ighalo and Echiejile are in the Nigerian squad that will seek a repeat scoreline on Friday. The return leg holds at the Stade Omnisports Ahmadou Ahidjo in Yaounde on Monday.
    Texans ready to head home to Houston after game canceled

    Texans ready to head home to Houston after game canceled

    The game was scheduled to be played Thursday night at Dallas' AT&T Stadium after being moved from Houston's NRG Stadium. According to the Houston Chronicle's John McClain almost 40,000 tickets for the game were sold as of Wednesday morning.
  • Pakistan wants peace, stability in Afghanistan: Khawaja Asif

    Pakistan wants peace, stability in Afghanistan: Khawaja Asif

    Like most Muslim countries, Afghanistan celebrates Eid on Friday while in Pakistan the holiday is celebrated on Saturday. Trump pledged in his speech to pair his hardline stance in Pakistan with an enduring USA presence in Afghanistan.
    Making donations to Harvey? Start with the basics

    Making donations to Harvey? Start with the basics

    You can also make a donation to your local Salvation Army unit, and note " Hurricane " on the memo line of your check. The actress told the press in a statement that she is always just grateful when she can help in some or other way.
    Markit US Manufacturing PMI Weakens in August

    Markit US Manufacturing PMI Weakens in August

    Data indicated that the level of employment in the Dutch manufacturing sector continued to rise in August. Sustained growth in new orders led firms to expand their production schedules again in August.