Trump strikes deal with Pelosi, Schumer to raise the debt ceiling

President Trump has stunned Republican lawmakers with his abrupt decision to strike a deal with Democrats for a short-term increase in the debt ceiling tied to Hurricane Harvey relief money, though Congress nevertheless is moving quickly toward a vote that could come by the end of the week.

The president made the deal during a White House meeting with the top congressional leaders of both parties.

House Speaker Paul Ryan, R-Wis., and Senate Majority Leader Mitch McConnell, R-Ky., had wanted a longer-term increase in the debt ceiling that would also cover hurricane relief funding. Instead, Trump sided with House Minority Leader Nancy Pelosi, D-Calif., and Senate Minority Leader Chuck Schumer, D-N.Y., in agreeing to a three-month deal that would both fund the government and raise the debt ceiling through mid-December, attached to Harvey funds.

The deal averts the threat of a shutdown or even default for now, but virtually guarantees a congressional showdown before the end of the year. 

A source told Fox News that Republican leadership was blindsided by what happened.

Fox News is told the meeting had reached a point where the two sides were moving toward an “agree to disagree” position, when Trump jumped in and agreed …

Read more at the Convention of States
(The opinions in this article are the opinions of the author and do not necessarily represent the views of Southern Nation News or SN.O.)

Leave a Reply

Your email address will not be published. Required fields are marked *