Trump Sides With Democrats In Deal On Storm Relief And Fiscal Deadlines

Trump Sides With Democrats In Deal On Storm Relief And Fiscal Deadlines

Trump Sides With Democrats In Deal On Storm Relief And Fiscal Deadlines

In effect, Trump undercut his own party to make a deal with Democrats. That would force the Republicans to vote on another politically treacherous increase at the end of this year while GOP leaders would like to increase the limit until after next year's midterm elections.

Senate Minority Leader Chuck Schumer (D-NY) and House Minority Leader Nancy Pelosi (D-Calif.) said the deal will let the government borrow and pay its bills through December 15.

U.S. President Donald Trump has agreed with Democratic congressional leaders to increase the nation's debt ceiling and extend the federal government's funding through mid-December, a deal that included relief funding for victims of Hurricane Harvey.

Democratic leaders made their announcement Wednesday morning, saying in a statement they would support a debt ceiling bill being tied to Harvey aid, but only if the measure to avoid default lasted for three months.

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House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer announced the agreement Wednesday after meeting with Trump at the White House.

Senate GOP leaders indicated Tuesday they plan to attach an increase in the debt limit, a politically hard vote for many Republicans, to the popular Harvey aid.

Pelosi and Schumer had advocated for a short-term rise in the debt ceiling, a move that would allow the USA government to continue to borrow money. Even if every GOP senator voted for the deal, which is unlikely, leadership will need the support of eight Democratic senators.

The White House insisted that the move would allow Congress and the administration to focus on other important legislative priorities.

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Conservative Republicans, such as House Speaker Paul Ryan, are opposed entirely to linking a hurricane relief package to a debt limit bill.

Treasury Secretary Steve Mnuchin had also reportedly urged Mr Trump to pursue a longer-term debt-limit deal but has insisted that raising the borrowing limit was imperative in order to quickly send aid to Texas.

The House of Representatives passed a $7.85 billion disaster aid package for Hurricane Harvey victims with overwhelming bipartisan support Wednesday, the first round of money expected for areas of Texas and Louisiana devastated by the storm.

The deal, reached Wednesday at a White House meeting between congressional leaders from both parties and Trump, would attach both measures to a House bill aiding communities hit by Hurricane Harvey. "We essentially came to deal, and I think the deal will be very good". He accused the Democratic leaders of "playing politics" and jeopardizing the federal response to Harvey by calling for a short-term debt limit hike. After Pelosi and Schumer dismissed the six-month hike, Trump then agreed to the three-month increase that Democrats put on the table. The measure, passed 419-3, is created to provide relief to tens of thousands of homeowners from flooding caused by Hurricane Harvey in Texas and other parts of the Gulf Coast. Failure to increase the debt limit could cause the government to miss payments to bondholders and result in a default on government debt.

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"Nothing can really capture just how big and wide this devastation is", Ryan said prior to the vote on the need for immediate relief funding.

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