Politics Debt Limit Hike Likely to be Added to Harvey Aid Bill

21:39  05 september  2017
21:39  05 september  2017 Source:   NBC News

Trump Is Said to Weigh Tying Debt Limit Increase to Harvey Aid

  Trump Is Said to Weigh Tying Debt Limit Increase to Harvey Aid President Donald Trump is considering attaching an increase in the U.S. debt limit to an initial request to Congress for disaster relief funding of $5.95 billion for Hurricane Harvey, two administration officials said. The White House request, which could come as soon as Friday, would include $5.5 billion to the Federal Emergency Management Agency and the remainder to the Small Business Administration. The request is being prepared primarily to cover funding demands through the Sept. 30 end of the federal fiscal year, according to the officials, who described the matter on condition of anonymity.

The House will have to then vote on it again. The move is likely to irritate fiscal conservatives who oppose increasing the debt limit and want resolution, also known as the CR, to temporarily extend current levels of government spending to be added to the Harvey aid package as well.

For GOP lawmakers who support a straightforward increase in the debt limit , pairing it with Harvey But FEMA is spending money at a faster rate, causing the White House to add about billion to the Ryan said nothing will stop a Harvey aid bill from getting through Congress and he didn't foresee any

Image: US Senate Majority Leader Mitch McConnell speaks at the Republican Party of Kentucky's Lincoln Dinner, in Louisville© Senate Majority Leader Mitch McConnell speaks at the Republican Party of Kentucky's Lincoln Dinner i... Image: US Senate Majority Leader Mitch McConnell speaks at the Republican Party of Kentucky's Lincoln Dinner, in Louisville

WASHINGTON — Congress is expected to pass relief aid for victims of Hurricane Harvey as early as Wednesday and GOP leaders are looking to take advantage of the overwhelming political support for it by including controversial legislation to lift the debt ceiling in the overall package, multiple congressional sources tell NBC News.

The House of Representative will vote on a $7.85 billion Harvey relief bill Wednesday, a package that is expected to pass overwhelmingly. The measure will then go to the Senate where Republican leaders will add legislation to increase the debt limit, beating an end-of-September deadline where the U.S. Treasury would no longer be able to pay its existing bills. The House will have to then vote on it again.

Source: House to vote on Harvey aid package Wednesday

  Source: House to vote on Harvey aid package Wednesday The House on Wednesday will vote on supplemental appropriations for Hurricane Harvey disaster relief, according to a senior House leadership aide. The news comes one day after House Speaker Paul Ryan (R-Wis.) said the House Appropriations Committee introduced a new bill to match President Trump's first request for relief funding for Hurricane Harvey."Families and communities affected by Hurricane Harvey have a long road ahead, and the House will be with them every step of the way," Ryan said.

Failing to raise the debt limit would risk a market-shattering first-ever U.S. default. But FEMA is spending money at a faster rate, causing the White House to add about billion to the aid Ryan said nothing will stop a Harvey aid bill from getting through Congress and he didn't foresee any

Failing to raise the debt limit would risk a market-shattering first-ever U.S. default. But FEMA is spending money at a faster rate, causing the White House to add about billion to the aid Ryan said nothing will stop a Harvey aid bill from getting through Congress and he didn't foresee any

The move is likely to irritate fiscal conservatives who oppose increasing the debt limit and want budgetary reforms and spending restrictions in exchange for voting to increase it. But including it in the disaster relief bill could avert a public intra-party fight as it will make it difficult for critics to vote against aid for those left in the wake of Harvey, especially since some of the biggest fiscal hawks are from storm-devastated Texas.

Related: Congress Faces Daunting To-Do List Upon Return to Washington

Some conservatives are also expecting a continuing resolution, also known as the CR, to temporarily extend current levels of government spending to be added to the Harvey aid package as well. But Republican leadership sources say that the CR might not be done in time and they say they won't hold up Harvey funding to wait for it. Congress needs to pass funding bills, or a CR, by October 1 to keep the government open.

Senate leaders to vote on measure combining debt ceiling increase, hurricane relief

  Senate leaders to vote on measure combining debt ceiling increase, hurricane relief But conservative Republicans say any move on debt limit must be paired with spending cutsThe decision to combine the two unrelated measures is a potentially risky strategy that could further alienate conservatives who have insisted that any debt-limit increase be paired with corresponding spending cuts. Leaders hope that those on the far right will abandon their demands to immediately replenish rapidly diminishing funds for the Federal Emergency Management Agency.

For GOP lawmakers who support a straightforward increase in the debt limit , pairing it with Harvey But FEMA is spending money at a faster rate, causing the White House to add about billion to the Ryan said nothing will stop a Harvey aid bill from getting through Congress and he didn't foresee any

Failing to raise the debt limit would risk a market-shattering first-ever U.S. default. But FEMA is spending money at a faster rate, causing the White House to add about billion to the aid Ryan said nothing will stop a Harvey aid bill from getting through Congress and he didn't foresee any

What's also unclear is how long the debt limit will be lifted for. Democrats want a short-term lift, until December. Republican leaders, however, are pushing for an extension until after the mid-term elections next November.

Harvey aide, the debt limit, and government funding bill are just three of the items Congress must address this fall in a jam-packed schedule. They also must reauthorize the flood insurance program, the low-income children's health insurance program and the Federal Aviation Administration. Republicans also want to tackle tax reform. Republican Congressional leaders are meeting with President Donald Trump Tuesday at the White House to discuss taxes.

McConnell Says Democrats’ Glee on Debt Limit Deal Was Premature .
The Senate majority leader said Democrats “spiked the ball in the end zone a little too early” when they claimed they would have maximum leverage in a December fiscal showdown.WASHINGTON — Senator Mitch McConnell thinks Democrats were a tad premature in exuberantly celebrating the surprise spending deal they struck last week with President Trump.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!